Asian 3PL Leases Industrial Space At 800 Snediker Avenue Brooklyn For 6 Years
800 Snediker Avenue
$864,500
$864,500/SF
Building Size
45,500 SF
Asset Type
Industrial
Closing
Sep 30, 2025
AI
The property asset involved in the transaction is located at 800 Snediker Avenue, Brooklyn. This industrial asset encompasses 45,500 square feet and features a recently white-boxed interior that has been improved to facilitate immediate tenant occupancy and operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Tenant: Asian 3PL
- Lease Term: 6 Years
- Lease Type: Double Net Lease
- Brokers: David Junik & Nechama Liberow - Pinnacle Realty of New York
David Junik and Nechama Liberow of Pinnacle Realty of New York represent the leasing efforts for this transaction. This lease exemplifies their ongoing presence and expertise within New York City’s industrial market, marking another successful completion by the brokerage.
Players
Brooklyn 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
18.35%
Cash-on-Cash
-5.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93