Adam Markson Purchases Development Site At 181 Huron Street Brooklyn For $2.47M
SOLD
$2,470,000
+ 1
New York
See Similar DealsDevelopment Site2,500 SF
Sold 05/28/2025
SOLD
Adam Markson Purchases Development Site At 181 Huron Street Brooklyn For $2.47M
181 Huron Street
See Similar DealsDevelopment Site2,500 SF
Sold 05/28/2025
+ 1
Summary
NEW YORK
Asset Type:Development Site
Price Per Square Foot:$988
Total Square Footage:2,500 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$131,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,775.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,709.06
Annual Debt Service$140,508.72
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