Sharestates pays $5M to Jaspinder Sandhu for industrial property in Bronx

Sharestates through the entity Noble Bx LLC paid Jaspinder Sandhu’s 4510 Wpr LLC $5.4 million for 4510 White Plains Road in Wakefield. The deal closed on October 24, 2019, and was recorded on November 1, 2019. The transaction consists of 1 parcel, including the tax class special construction, fireproof manufacturing building such as for printing plant, etc. (F2).

The estimated cap rate is 3.0%
The last time the property sold was February 21, 2018, for $3,725,000.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link