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102 Commerce St, Brooklyn, ...

Updated Dec 20, 2023

Jeffrey Caputo Sells Industrial Property On 102 Commerce Street In Brooklyn For $3.8M With Broker Reps Jakub Nowak & Jesse Kay
SOLDIndustrial

Jeffrey Caputo Sells Industrial Property On 102 Commerce Street In Brooklyn For $3.8M With Broker Reps Jakub Nowak & Jesse Kay

102 Commerce St, Brooklyn, NY 11231, USA

$3,800,000

$431/SF

Building Size

8,800 SF

Asset Type

Industrial

Closing

Oct 4, 2020

About this deal

AI

A 8,800 square foot industrial property located at 102 Commerce Street in Brooklyn has been sold for $3,800,000. The property was sold by Jeffrey Caputo. The property has a price per square foot of $432.

Summary of transaction details

  • Property Type: Industrial
  • Sale Price: $3,800,000
  • Square Footage: 8,800
  • Price per Square Foot: $432
  • Address: 102 Commerce Street, Brooklyn

Jakub Nowak and Jesse Kay from The Nowak Group represented the buyer in this transaction.

The industrial sale at 102 Commerce St, Brooklyn, NY 11231, USA in New York, New York sold for $3.8M in 2020. The building is 8,800 square feet, implying about 431 per square foot on the published price. Jesse Kay, Jakub Nowak, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the New York, New York file for the 102 Commerce St, Brooklyn, NY 11231, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else sold near 102 Commerce St, Brooklyn, NY 11231, USA around 2020. Published consideration for 102 Commerce St, Brooklyn, NY 11231, USA is $3.8M, dated 2020. Cite this Jeffrey Caputo Sells Industrial Property On 102 Commerce Street In Brooklyn For $3.8M With Broker Reps Jakub Nowak & Jesse Kay sale when underwriting similar industrial product around New York, New York.

Players

Jesse Kay

Marcus & Millichap

Broker

$114.1M

vol

28 deals

Broker

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $431 per square foot on a published $3.8M for 8,800 square feet (2020).

Visit Jesse Kay to view all their deals.

Browse New York industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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