Updated Dec 4, 2024
SOLDIndustrial
Yehuda Klein Acquires Industrial Building In Mott Haven For $7.9M
753 East 134th Street & 755 East 134th Street
$7,900,000
Building Size
—
Asset Type
Industrial
Closing
Oct 25, 2023
About this deal
AI
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.
Players
Bronx Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93