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Fernando Mateo And Steven Rivera Of Sentry Management Solutions Acquire Creative Industrial Warehouse For $4.5M

Property Image
SOLD
$4,500,000
Victor Sozio
Steve Lorenzo
+ 3

New York

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Industrial16,205 SF
Sold 03/19/2025
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Property Image
SOLD

Fernando Mateo And Steven Rivera Of Sentry Management Solutions Acquire Creative Industrial Warehouse For $4.5M

9 Bruckner Boulevard

See Similar Deals
Industrial16,205 SF
Sold 03/19/2025
Victor Sozio
Steve Lorenzo
+ 3
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$277
Total Square Footage:16,205 SF
Transaction Type:Sale

The asset involved in this transaction is a creative industrial/warehouse property located at 9 Bruckner Boulevard in the Mott Haven market. The property has a sale price of $4,500,000 with a building size factor of 30,000. It features a square footage of 16,205 and a price per square foot of $277.

Summary of transaction details:

The transaction involved key individuals from both the buyer and seller sides, with Chris Varjan, Jeffrey Lopez, and Steve Lorenzo representing the buyers from Lee & Associates, while Jason M. Gold, Gabriel Elyaszadeh, and Victor Sozio represented RXR Realty from Ariel Property Advisors. The notable activity from Ariel Property Advisors includes marketing approximately $400 million worth of properties throughout the Bronx.

Players

Chris Varjan
29 deals$469.3M volume(201) 615-8557
BROKER

Jason M. Gold
Ariel Property Advisors
59 deals$1B volume
BROKER

Victor Sozio
Ariel Property Advisors
111 deals$2.3B volume
BROKER

Steve Lorenzo
Lee & Associates
23 deals$112.8M volume
BROKER

Jeffrey Lopez
Lee & Associates
10 deals$4.5M volume(212) 776-4351
BROKER

Gabriel Elyaszadeh
Ariel Property Advisors
18 deals$220.2M volume
BROKER

RXR Realty
SELLER

Details

SOLD
IMAGE: Jason M. Gold, Gabriel Elyaszadeh, Victor Sozio, Chris Varjan, Jeffrey Lopez & Steve Lorenzo DATE: 03/19/2025 ADDRESS: 9 Bruckner Boulevard MARKET: Mott Haven ASSET TYPE: Creative Industrial / Warehouse BUYER: Fernando Mateo & Steven Rivera - Sentry Management Solutions; Josh Bartlett - Josh Bartlett Capital SELLER: RXR Realty (@One_RXR) BUYER'S REP: Chris Varjan (@CVar23), Jeffrey Lopez (@Jeffrey_Lopez_CRE) & Steve Lorenzo - Lee & Associates (@LeeAssociatesNYC) SELLER'S REP: Jason M. Gold (@JGold_Real_Estate), Gabriel Elyaszadeh & Victor Sozio - Ariel Property Advisors (@ArielPA.NYC) SALE PRICE: $4,500,000 BSF: 30,000 PPSF: $150 SF: 16,205 ~ PPSF: $277 NOTE FROM BROKER: Ariel Property Advisors is currently marketing approximately $400 million worth of properties throughout the Bronx.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$240,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
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