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780 E 135th St, New York, N...

Bluestone Group Acquires Warehouse From Ronnie Shaban For $14.1M In Bronx
SOLDWarehouse

Bluestone Group Acquires Warehouse From Ronnie Shaban For $14.1M In Bronx

780 E 135th St, New York, NY, 10454

$14,100,000

$166/SF

Building Size

84,650 SF

Asset Type

Warehouse

Closing

Apr 20, 2016

AI

The asset involved in this transaction is a warehouse located at 780 E 135th St, New York, NY, 10454. The property spans a total square footage of 84,650 and was sold for $14,100,000. The market for this property is identified as Bronx.

Summary of transaction details:

  • Property Type: Warehouse
  • Transaction Amount: $14,100,000.00
  • Address: 780 E 135th St, New York, NY, 10454
  • Market: Bronx
  • Seller's Representative: Ronnie Shaban - Kassin Sabbagh Realty
  • Buyer: Bluestone Group

The transaction involved key representatives, notably Ronnie Shaban from Kassin Sabbagh Realty representing the seller, while Bluestone Group acted as the buyer. This deal reflects the efforts of the involved parties to finalize the purchase of the warehouse asset.

Players

Ronnie Shaban

Kassin Sabbagh Realty

Broker

$21.8M

vol

6 deals

Broker
BG
Bluestone GroupBuyer

Bronx Warehouse Market Snapshot

Boundary boundary · Warehouse · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93