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
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.
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