Updated Dec 19, 2023
Anthony Aquilino Acquires Industrial Property In Baychester For $3.5M
1840 Givan Avenue, The Bronx, New York 10469, United States
$3,500,000
$347/SF
Building Size
10,079 SF
Asset Type
Industrial
Closing
Jun 30, 2022
About this deal
AI
The industrial property at 1840 Givan Avenue in Baychester has been sold for a price of $3,500,000. Spanning across 10,079 square feet, the property was bought by Anthony Aquilino from the seller, Joan Florio. The sale took place on July 1, 2022, making it a closed transaction in the Baychester market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Address: 1840 Givan Avenue
- Market: Baychester
Anthony Aquilino emerged as the buyer, acquiring the industrial property at 1840 Givan Avenue in Baychester. Represented by their broker, the deal was successfully negotiated with Joan Florio, the seller, who was also represented by their broker.
Players
New York 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93