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Yehuda Klein Acquires Industrial Building In Mott Haven For $7.9M
SOLD
$7,900,000
New York
See Similar DealsIndustrial
Sold 10/25/2023
SOLD
Yehuda Klein Acquires Industrial Building In Mott Haven For $7.9M
753 East 134th Street & 755 East 134th Street
See Similar DealsIndustrial
Sold 10/25/2023
Summary
NEW YORK
Asset Type:Industrial
Transaction Type:Sale
A industrial building in Mott Haven, Bronx has been sold for $7.9 million. The property, located at 753-755 East 134th Street, has a total square footage of 35,082 and a price per square foot of $225.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,900,000
- Address: 753-755 East 134th Street, Mott Haven, Bronx
- Market: Mott Haven, Bronx
- Buyer: Yehuda Klein
- Seller: Moses Strulovitch
- Broker Representing Buyer: K&H Association LLC
Yehuda Klein, represented by K&H Association LLC, acquired the industrial building (F1) at 753-755 East 134th Street in Mott Haven, Bronx, for $7.9 million.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$421,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,067.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,450.03
Annual Debt Service$449,400.36
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