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2500 Boston Road

Julian Capone Purchases Industrial Property From Michael Trinagel In Bronx For $2.8M
SOLDIndustrial

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

Jack Sardar

Tri State Commercial Realty

Broker

$57.5M

vol

22 deals

Broker
Tri State Commercial Realty
Tri State Commercial RealtyBrokerage

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