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1859 Bronxdale Avenue, The ...

Updated Dec 21, 2023

Esteban Ramon Medina Acquires Industrial Property In Van Nest For $6M From Seller Ifrain Falcon
SOLDIndustrial

Esteban Ramon Medina Acquires Industrial Property In Van Nest For $6M From Seller Ifrain Falcon

1859 Bronxdale Avenue, The Bronx, New York 10462, United States

$6,000,000

$437/SF

Building Size

13,720 SF

Asset Type

Industrial

Closing

Jul 26, 2022

About this deal

AI

Located at 1859 Bronxdale Avenue in the Van Nest market, this industrial property was recently sold for $6,000,000. Spanning across 13,720 square feet, the property was sold at a price of $437 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,000,000
  • Address: 1859 Bronxdale Avenue
  • Market: Van Nest
  • Size: 13,720 square feet

The buyer in this transaction was Esteban Ramon Medina, while the seller was Ifrain Falcon.

The industrial sale at 1859 Bronxdale Avenue, The Bronx, New York 10462, United States in New York, New York sold for $6M in 2022. The building is 13,720 square feet, implying about 437 per square foot on the published price. This page is the New York, New York file for the 1859 Bronxdale Avenue, The Bronx, New York 10462, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else sold near 1859 Bronxdale Avenue, The Bronx, New York 10462, United States around 2022. Published consideration for 1859 Bronxdale Avenue, The Bronx, New York 10462, United States is $6M, dated 2022. Cite this Esteban Ramon Medina Acquires Industrial Property In Van Nest For $6M From Seller Ifrain Falcon sale when underwriting similar industrial product around New York, New York.

Players

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $437 per square foot on a published $6M for 13,720 square feet (2022).

Browse New York industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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