facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Industrial

/

Lease

/

159 East 2nd Street, Brookl...

Ebenezer Beaty Supply Inc Leases Industrial Space In Long Island
LEASEDIndustrial

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

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.

Players

Anthony Volman

Highcap Group

Broker

$5.1M

vol

11 deals

Broker
CrossHarbor Capital Partners
CrossHarbor Capital PartnersLender

New York Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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