Updated Dec 21, 2023
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.
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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