Updated Sep 9, 2024
ABS Partners Real Estate Represents Sale Of Industrial Property At 2621 Aqueduct Avenue In Bronx For $7.2M
2621 Aqueduct Ave Bronx, NY 10468, USA
$7,187,500
$239/SF
Building Size
30,000 SF
Asset Type
Industrial
Closing
Jun 6, 2023
About this deal
AI
The industrial property located at 2621 Aqueduct Avenue in Bronx has been sold at a price of $7,187,500. This property spans across 30,000 square feet and has a price per square foot of $240.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,187,500
- Address: 2621 Aqueduct Avenue
- Market: Bronx
- Size: 30,000 square feet
- Price per Square Foot: $240
The deal was facilitated by Steven Hornstock and Alan Cohen, who represented the buyer and the seller. They are affiliated with ABS Partners Real Estate.
On the Map
$7,187,500
$239/SF
Industrial
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Players
New York 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
2.21%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93