Updated Oct 29, 2024
Seagis Property Group Acquires Industrial Property In Brooklyn For $9.65M
1010 Stanley Ave, Louisville, KY 40215, USA
Building Size
42,500 SF
Asset Type
Industrial
Closing
Sep 16, 2017
About this deal
AI
The industrial property located at 1010 Stanley Avenue in Brooklyn, part of the NYC Boroughs market, has been sold for a price of $9,650,000. The transaction involved the seller, Burt Millwork Corp, and the buyer, Seagis Property Group.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $9,650,000
- Address: 1010 Stanley Avenue, Brooklyn
- Market: NYC Boroughs
The deal was facilitated by the buyer's representative, Seagis Property Group - AGENCY NAME.
Traded’s record for 1010 Stanley Ave, Louisville, KY 40215, USA in Louisville, Kentucky covers a industrial sale from 2017. The building is 42,500 square feet, implying about 0 per square foot on the published price. This page is the Louisville, Kentucky file for the 1010 Stanley Ave, Louisville, KY 40215, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Louisville sit in the Market section below. Filter that Louisville industrial set by closing date to see what else sold near 1010 Stanley Ave, Louisville, KY 40215, USA around 2017. Cite this Seagis Property Group Acquires Industrial Property In Brooklyn For $9.65M sale when underwriting similar industrial product around Louisville, Kentucky.
Louisville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93