Marcus & Millichap Sells 40,078 Square Foot Industrial Site At 935 Garrison Avenue For $10.275M
935 Garrison Avenue
$10,275,000
$1,116/SF
Building Size
9,200 SF
Asset Type
Industrial
Closing
Jul 17, 2026
AI
935 Garrison Avenue is a 40,078-square-foot industrial site located in the Bronx market, featuring a 9,200-square-foot warehouse. The property was sold for $10,275,000, translating to a price per square foot of $1,117 and a price per building square foot of $256.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $10,275,000
- Square Footage: 40,078
- Warehouse Size: 9,200
- Price per Square Foot: $1,117
- Price per Building Square Foot: $256
- Address: 935 Garrison Avenue
- Market: Bronx
Marcus & Millichap brokered this transaction, with Jakub Nowak, Steven Siegel, and Michael Maldonado representing the seller and sourcing the buyer for the sale.
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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93