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6010 Bay Pkwy.

Updated May 12, 2025

SOLD

Physician's Realty Trust & MedProperties Realty Advisors Acquire Special Purpose Property In Brooklyn For $81.5M

6010 Bay Pkwy.

$81,500,000

Building Size

Asset Type

Closing

Sep 9, 2022

About this deal

AI

The property asset involved in this transaction is a special purpose facility located at 6010 Bay Pkwy, Brooklyn. The sale price was $81,500,000, and the asset encompasses a total square footage of 90,000, resulting in a price per square foot of $905.

Summary of transaction details:

  • Property Type: Special Purpose
  • Transaction Amount: $81,500,000
  • Address: 6010 Bay Pkwy, Brooklyn
  • Square Footage: 90,000
  • Price per Square Foot: $905
  • Buyer: Physician's Realty Trust & MedProperties Realty Advisors
  • Seller: Markus Marcal
  • Broker: Maarten Deschaumes - LEC Advisors

The transaction includes notable parties such as Physician's Realty Trust and MedProperties Realty Advisors, which are the buyers representing interests in the acquisition of the property. Markus Marcal served as the seller, while the deal was brokered by Maarten Deschaumes from LEC Advisors.

Players

MedProperties Realty Advisors
MedProperties Realty AdvisorsBuyer

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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