Phipps Houses Acquires Industrial Property In Bronx From Harry & Jane Fischel Foundation
SOLD
$5,250,000
New York
See Similar DealsIndustrial34,808 SF
Sold 07/20/2020
SOLD
Phipps Houses Acquires Industrial Property In Bronx From Harry & Jane Fischel Foundation
375 E 163rd St, The Bronx, NY 10451, USA
See Similar DealsIndustrial34,808 SF
Sold 07/20/2020
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$150
Total Square Footage:34,808 SF
Transaction Type:Sale
The industrial property located at 375 East 163rd Street in Bronx has been sold for a price of $5,250,000. The property spans across 34,808 square feet, resulting in a price per square foot of $150.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,250,000
Phipps Houses has acquired the property from the Harry & Jane Fischel Foundation.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
Is there something missing? Send suggestions