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2480 Butler Place

Updated Aug 25, 2026

Moses Werzberger Acquires Industrial Building In Westchester Square Bronx For $3.5M From Marc Schur
SOLDIndustrial

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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Deal FAQ

About $324 per square foot on a published $3.5M for 10,775 square feet (2026).

Browse Bronx industrial sales on Traded.

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

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