Updated Aug 25, 2026
Moses Werzberger Acquires Industrial Building In Westchester Square Bronx For $3.5M From Marc Schur
2480 Butler Place
$3,500,000
$324/SF
Building Size
10,775 SF
Asset Type
Industrial
Closing
Aug 13, 2026
About this deal
AI
Moses Werzberger acquired an industrial building located at 2480 Butler Place in the Westchester Square section of the Bronx. The property spans 10,775 square feet and was sold for $3.5 million, translating to a price per square foot of $325.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Address: 2480 Butler Place
- Market: Westchester Square, Bronx
- Buyer: Moses Werzberger
- Seller: Marc Schur
- Square Footage: 10,775
- Price Per Square Foot: $325
The transaction involved Moses Werzberger as the buyer and Marc Schur as the seller, highlighting the roles of key individuals in this deal. The industrial asset is expected to generate cash flow for the new owner.
Players
Bronx 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