facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Industrial

/

Sale

/

298 West 231st Street, West...

Western Beef Acquires Industrial Property In Kingsbridge, Bronx For $20.8M
SOLDIndustrial

Western Beef Acquires Industrial Property In Kingsbridge, Bronx For $20.8M

298 West 231st Street, West Bronx, Bronx, NY, USA

$20,800,000

$756/SF

Building Size

27,508 SF

Asset Type

Industrial

Closing

Apr 27, 2020

AI

The industrial property located at 298 West 231 Street in Kingsbridge, Bronx has been sold for a price of $20,800,000. The property spans across 27,508 square feet and has a price per square foot of $756. The buyer, Western Beef represented by Peter Castellana Jr., acquired the property from the seller, Steven R. Straus. The transaction took place on April 27, 2021.

Summary of transation details:

  • Property Type: Industrial
  • Sale Price: $20,800,000
  • Square Footage: 27,508
  • Price per Square Foot: $756
  • Buyer: Western Beef - Peter Castellana Jr.
  • Seller: Steven R. Straus
  • Date: April 27, 2021

Western Beef, represented by Peter Castellana Jr., made the acquisition of the industrial property in Kingsbridge. The transaction involved the purchase of the property from Steven R. Straus. The deal highlights the involvement of key individuals and companies in the sale, providing insights into the parties behind the transaction.

Players

Peter Castellana Jr.

Buyer

$20.8M

vol

2 deals

Buyer

Bronx Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93