Updated Dec 20, 2023
Bert Baradarian Acquires Industrial Property In Bronx For $3.5M
933 Courtlandt Ave, The Bronx, NY 10451, USA
$3,500,000
$282/SF
Building Size
12,413 SF
Asset Type
Industrial
Closing
Apr 14, 2020
About this deal
AI
Located at 933-939 Courtlandt Ave in the Bronx, this industrial property was recently sold for a price of $3,500,000. The building has a total square footage (BSF) of 12,413, resulting in a price per square foot (PPBSF) of $281.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,500,000
- Address: 933-939 Courtlandt Ave
- Market: Bronx
The seller of the property was Petros Mamais, and the buyer was Bert Baradarian.
Please note that no additional information was provided for this transaction.
Players
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93