Updated Dec 18, 2023
Hasan Biberaj Acquires Industrial Property In Tremont, Bronx For $3M
405 East 175th Street, The Bronx, New York 10457, United States
$3,000,000
$228/SF
Building Size
13,150 SF
Asset Type
Industrial
Closing
Dec 15, 2021
About this deal
AI
The industrial property located at 405 East 175 Street in Tremont, Bronx has been sold. The property, with a total square footage of 13,150, was transacted for a price of $3,000,000. The building size factor (BSF) is 7,585 with a price per BSF (PPBSF) of $396. The price per square foot (PPSF) is $228. The property has a floor area ratio (FAR) of 1.73 and falls under tax class 4. The lot size is 7,585 and the lot dimensions measure 76.06 ft x 99.73 ft. The previous sale of the property was recorded on January 21, 1972, with a sale price of $0.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Market: Tremont, Bronx
- Zoning: M1-1
- Buyer: Hasan Biberaj
- Seller: Howard Topper
Hasan Biberaj acted as the buyer in this transaction, while Howard Topper represented the seller. Note that no additional information regarding the deal's key individuals and companies was provided.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse New York industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93