Updated Jul 9, 2026
Cary Wolf Of Bill Wolf Petroleum Corp Acquires Industrial Building In Bronx For $4.2M
1760 Webster Avenue
$4,200,000
$327/SF
Building Size
12,824 SF
Asset Type
Industrial
Closing
Jun 17, 2026
About this deal
AI
The industrial asset located at 1760 Webster Avenue in Tremont, Bronx, was sold for $4,200,000. The property encompasses a total of 12,824 square feet, translating to a price per square foot of $328.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Buyer: Cary Wolf - Bill Wolf Petroleum Corp
- Seller: Marc Toonkel - Webster Plumbing Supply
- Sale Date: 06/17/2026
- Market: Tremont, Bronx
Bill Wolf Petroleum, represented by Webster-Ittner Corp., acquired the property from Webster Plumbing Supply during an estate sale and intends to occupy the building for their business operations.
Players
Webster Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93