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
About this deal
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.
On the Map
$14,100,000
$166/SF
Warehouse
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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