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935 Garrison Avenue

Marcus & Millichap Sells 40,078 Square Foot Industrial Site At 935 Garrison Avenue For $10.275M
SOLDIndustrial

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

Jakub Nowak

Marcus & Millichap

Broker

$500.2M

vol

91 deals

Broker

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