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270 Van Brunt Street, Brook...

Updated Dec 21, 2023

Lenny Gutman & Naum Vaynerman Sell Special Purpose Asset In Redhook, Brooklyn For $4.45M
SOLD

Lenny Gutman & Naum Vaynerman Sell Special Purpose Asset In Redhook, Brooklyn For $4.45M

270 Van Brunt Street, Brooklyn, New York 11231, United States

$4,450,000

$329/SF

Building Size

13,500 SF

Asset Type

Closing

Jul 4, 2022

About this deal

AI

Located at 270 Van Brunt St. in Redhook, Brooklyn, this special purpose property was recently sold in a closed transaction. The property spans approximately 13,500 square feet and was sold for a price of $4,450,000, resulting in a price per square foot of $329.

Summary of transaction details

  • Property Type: Special Purpose
  • Transaction Amount: $4,450,000
  • SF: 13,500
  • Price per Square Foot: $329
  • Market: Redhook, Brooklyn

In this transaction, the sellers were Lenny Gutman and Naum Vaynerman. Commercial Acquisitions, represented by Arsen Atbashyan, and Corcoran, represented by Yan Dekhtyar, served as the brokers for the sale.

With the sale of this special purpose property, the transaction highlights the collaboration between Lenny Gutman, Naum Vaynerman, Arsen Atbashyan of Commercial Acquisitions, and Yan Dekhtyar of Corcoran. These key individuals and companies played a significant role in the successful completion of the deal.

Players

Arsen Atbashyan

Commercial Acquisitions

Broker

$127M

vol

53 deals

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $329 per square foot on a published $4.5M for 13,500 square feet (2022).

Visit Yan Dekhtyar to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.56%

Cash-on-Cash

-1.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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