Updated Nov 26, 2025
Federico Mazzeo & Ariel Castellanos Of Pinnacle Realty Sell Bronx Industrial Property For $5.8M
751 Bruckner Boulevard
$5,800,000
$313/SF
Building Size
18,500 SF
Asset Type
Industrial
Closing
Oct 16, 2025
About this deal
AI
This transaction involved an industrial property located at 751 Bruckner Boulevard in the Bronx, which was sold for $5,800,000. The asset comprises 18,500 square feet, resulting in a price per square foot of $313. The property was fully leased at the time of sale.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $5,800,000
- Square Footage: 18,500
- Price Per Square Foot: $313
- Address: 751 Bruckner Boulevard
- Market: Bronx
- Brokers: Federico Mazzeo & Ariel Castellanos - Pinnacle Realty of New York
Ariel Castellanos and Federico Mazzeo acted as exclusive agents in this transaction, successfully securing a 1031 exchange buyer for the property. For inquiries and valuations, they can be contacted via their respective emails: [email protected] and [email protected].
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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93