Updated Dec 19, 2023
Ephraim Feldman Acquires Industrial Property In Bronx For $5.3M
415 East 167th Street, The Bronx, New York 10456, United States
$5,300,000
$255/SF
Building Size
20,732 SF
Asset Type
Industrial
Closing
Jun 28, 2022
About this deal
AI
Located at 415 E. 167th St. in the Bronx, this industrial property was recently sold for a total price of $5,300,000. The transaction took place on June 29, 2022, and the property spans a total of 20,732 square feet. This translates to a price per square foot of $256. The sale was facilitated by Michael Gilbert of Gilco Realty LLC, who represented the buyer, Ephraim Feldman.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,300,000
- Address: 415 E. 167th St., Bronx
- Market: Bronx
- Buyer: Ephraim Feldman
- Broker: Michael Gilbert - Gilco Realty LLC
- Square Footage: 20,732
- Price per Square Foot: $256
Ephraim Feldman purchased the industrial property located at 415 E. 167th St. in the Bronx for a total of $5,300,000. The transaction, which took place on June 29, 2022, involved a property spanning 20,732 square feet. Michael Gilbert, representing Gilco Realty LLC, served as the broker for this deal, assisting Ephraim Feldman in the acquisition.
On the Map
$5,300,000
$255/SF
Industrial
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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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93