Updated Dec 21, 2023
Jack Guttman Acquires Industrial Property In Hunts Point For $6.3M
512 Tiffany St, The Bronx, NY 10474, USA
$6,300,000
$300/SF
Building Size
21,000 SF
Asset Type
Industrial
Closing
Mar 29, 2020
About this deal
AI
The industrial property located at 512 Tiffany Street in Hunts Point has been sold in a closed transaction for $6,300,000. Spanning an area of 21,000 square feet, the property was valued at $300 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,300,000
Jack Guttman purchased the property from Trylon Wire & Metal Works Inc, with Marc Herrmann representing the seller as their broker.
The industrial sale at 512 Tiffany St, The Bronx, NY 10474, USA in New York, New York sold for $6.3M in 2020. The building is 21,000 square feet, implying about 300 per square foot on the published price. Named participants on the 512 Tiffany St, The Bronx, NY 10474, USA sale are Jack Guttman. This page is the New York, New York file for the 512 Tiffany St, The Bronx, NY 10474, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else sold near 512 Tiffany St, The Bronx, NY 10474, USA around 2020. Published consideration for 512 Tiffany St, The Bronx, NY 10474, USA is $6.3M, dated 2020. Cite this Jack Guttman Acquires Industrial Property In Hunts Point For $6.3M sale when underwriting similar industrial product around New York, New York.
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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93