Updated Dec 21, 2023
Rodney Whitley Acquires Industrial Property On Bruckner Boulevard For $3.7M
1929 Bruckner Boulevard, East Bronx, Bronx, NY, USA
$3,729,431
$2,299/SF
Building Size
1,622 SF
Asset Type
Industrial
Closing
Oct 28, 2021
About this deal
AI
The industrial property located at 1929 Bruckner Boulevard in Unionport, Bronx has been sold in a recent transaction. The property features a total building square footage (BSF) of 25,221, with a price per square foot (PPSF) of $148. The total lot size is 20,177 square feet, with dimensions of 187.58 ft x 103.07 ft. The property is zoned as R5 and C2-1, making it suitable for industrial use. The transaction took place on October 29, 2021, and the property was purchased for a price of $3,729,431. The previous sale of the property occurred on June 15, 2010, for a price of $1,521,711.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,729,431
- Address: 1929 Bruckner Boulevard, Unionport, Bronx
- Market: Unionport, Bronx
- Zoning: R5, C2-1
The buyer in this transaction is Rodney Whitley, while the seller is James A Weil. The property has a floor area ratio (FAR) of 0.08 and falls under tax class 4. This transaction provides insight into the individuals involved in the deal, representing the buyer and seller respectively.
Bronx Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit James A Weil to view all their deals.
Browse New York industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.25%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93