SOLDDevelopment Site
Extell Development Acquires Development Site In Downtown Brooklyn From Feil Organisation For $85.9M
360 Fulton Mall, Brooklyn, New York 11201, United States
$85,900,000
$190/SF
Building Size
450,000 SF
Asset Type
Development Site
Closing
Jun 6, 2022
AI
No summary available.
Players
The Corcoran GroupBrokerage
The Feil OrganizationBrokerage
New York 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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93