Julian Capone Purchases Industrial Property From Michael Trinagel In Bronx For $2.8M
2500 Boston Road
$2,800,000
$459/SF
Building Size
6,100 SF
Asset Type
Industrial
Closing
Nov 23, 2025
AI
The industrial property located at 2500 Boston Road in the Bronx has been sold for $2,800,000. The asset encompasses a total area of 6,100 square feet, with a price per square foot of $459.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,800,000
- Address: 2500 Boston Road
- Market: Bronx
- Square Footage: 6,100
- Price Per Square Foot: $459
- Buyer: Julian Capone
- Seller: Michael Trinagel
- Broker: Jack Sardar - Tri State Commercial Realty
Julian Capone has acquired the property from Michael Trinagel, with the transaction facilitated by broker Jack Sardar from Tri State Commercial Realty, who played a key role in representing the parties involved in the deal.
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93