Updated Jan 12, 2026
Dominic Ferrovecchio Sells Industrial Asset At 935 Bronx River Avenue For $8.3M
935 Bronx River Avenue
$8,300,000
$244/SF
Building Size
34,000 SF
Asset Type
Industrial
Closing
Dec 17, 2025
About this deal
AI
The property asset involved in this transaction is an industrial asset located at 935 Bronx River Avenue in the Soundview market of Bronx. The sale was completed for a price of $8,300,000, encompassing a total square footage of 46,000, resulting in a price per square foot of $180.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,300,000
- Address: 935 Bronx River Avenue
- Market: Soundview, Bronx
- Square Footage: 46,000
- Price Per Square Foot: $180
- Seller: Dominic Ferrovecchio
- Broker Representatives: Ariel Castellanos & Federico Mazzeo - Pinnacle Realty of New York
- Date of Transaction: 12/18/2025
Ariel Castellanos and Federico Mazzeo effectively represented both the seller and purchaser in this transaction. Pinnacle Realty of New York succeeded in securing an all-cash buyer who closed the deal within 30 days, thereby enhancing the buyer's portfolio after years on the market.
On the Map
$8,300,000
$244/SF
Industrial
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Players
Bronx 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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93