Adam Markson Purchases Development Site At 181 Huron Street Brooklyn For $2.47M
181 Huron Street
$2,470,000
$988/SF
Building Size
2,500 SF
Asset Type
Development Site
Closing
May 27, 2025
AI
The asset involved in this transaction is a development site located at 181 Huron Street in Brooklyn. The property was sold for $2,470,000, encompassing a total area of 2,500 square feet, which equates to a price per square foot of $988.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,470,000
- Buyer: Adam Markson
- Seller: Anna Koniarz
- Buyer’s Representative: Raquel Lomonico & Alison Glestein - Serhant
- Seller’s Representative: Sara Golan & Sandy Abbas - Serhant
The transaction involved key representatives from the brokerage, with Raquel Lomonico and Alison Glestein representing the buyer. The seller was represented by Sara Golan and Sandy Abbas, both of whom are associated with Serhant in this deal.
Players
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.42%
Cash-on-Cash
-1.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93