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4510 White Plains Rd, Bronx...

FCA Acquires Bronx Property At 4510 White Plains Rd For $3.7 Million With Brokers Jason Goldy And David Khukhashvilli
SOLDIndustrial

FCA Acquires Bronx Property At 4510 White Plains Rd For $3.7 Million With Brokers Jason Goldy And David Khukhashvilli

4510 White Plains Rd, Bronx, NY, 10470

$3,700,000

$127/SF

Building Size

29,029 SF

Asset Type

Industrial

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 4510 White Plains Rd in Bronx, NY. It is an industrial property that encompasses a two-story building with a total area of 29,029 square feet. The building was sold for a transaction amount of $3,700,000. It features four curb cuts and entrances and is zoned M1-1, permitting manufacturing use.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,700,000.00
  • Address: 4510 White Plains Rd, Bronx, NY, 10470
  • Market: Bronx
  • Seller's Representatives: Jason Goldy - Meridian Capital Group, David Khukhashvilli, Jason M. Gold - Ariel Property Advisors
  • Buyer: FCA
  • Square Footage: 29,029

Marko Agbaba, Jason Gold, Victor Sozio, and David Khukhashvilli of Ariel Property Advisors played a pivotal role in representing the seller and securing the buyer for this deal, ensuring a successful transaction.

Players

David Khukhashvili

Ariel Property Advisors

Broker

$65.1M

vol

10 deals

Broker
FCA
FCABuyer

Bronx 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

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93