Updated Mar 11, 2025
Ebenezer Beaty Supply Inc Leases Industrial Space In Long Island
159 East 2nd Street, Brooklyn, NY, USA
Building Size
11,260 SF
Asset Type
Industrial
Closing
Nov 24, 2021
About this deal
AI
Located at 159 East 2nd Street in Long Island, this industrial property was recently leased in a closed transaction. The property spans approximately 11,260 square feet and features the following details:
Summary of transaction details:
- Property Type: Industrial
- Asking Rent: $15 per square foot
- Image: Anthony Volman (see Instagram post for details)
- Date: 11/24/2021
- Landlord: Luis M. Guarneri
- Tenant: Ebenezer Beaty Supply Inc
- Broker: Anthony Volman - Highcap Group
This lease deal was facilitated by broker Anthony Volman from Highcap Group. Luis M. Guarneri serves as the landlord for the property, while Ebenezer Beaty Supply Inc became the tenant. The property was successfully leased at an asking rent of $15 per square foot.
New York Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93