Updated Oct 14, 2026
Rodolfo Fuertes' 2803 Boston Road, LLC Acquires Industrial Building In Allerton, Bronx For $5M
2803 Boston Road
$5,000,000
$764/SF
Building Size
6,542 SF
Asset Type
Industrial
Closing
Apr 25, 2023
About this deal
AI
Rodolfo Fuertes' 2803 Boston Road, LLC has purchased the industrial building located at 2803 Boston Road in Allerton, Bronx. The property was acquired from Thomas J. Cannistraci's TJC Operations, Inc. for a total sale price of $5 million.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 2803 Boston Road, Allerton, Bronx
- Market: Allerton, Bronx
- Buyer: Rodolfo Fuertes
- Seller: Thomas J. Cannistraci
The industrial building has a total of 6,542 square feet of built space. Additionally, it has 12,175 square feet of additional air rights, making the total buildable area 18,732 square feet.
On the Map
$5,000,000
$764/SF
Industrial
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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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93