Brian Milberg Of Sitex Group Purchases Industrial Building From Carol B. Tomé For $15.2M
4275 Boston Road
$15,192,561
$210/SF
Building Size
72,248 SF
Asset Type
Industrial
Closing
Dec 29, 2025
AI
A 72,248-square-foot industrial building located at 4275 Boston Road, Bronx, has been sold for a total of $15,192,561, translating to a price of $210 per built square foot. The asset is situated in the Bronx market and was purchased by Sitex Group.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $15,192,561
- Buyer: Brian Milberg - Sitex Group
- Seller: Carol B. Tomé - UPS
- Square Footage: 72,248
- Price Per Square Foot: $210
The transaction was executed through 4275 Boston Sg LLC, which represented Sitex Group in acquiring the property from UPS, reflecting a significant move in the industrial real estate sector within Eastchester, Bronx.
Players
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
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93