Updated Oct 27, 2025
Giovanni Valerio Purchases Industrial Asset From Kara Pellitteri In Brooklyn For $2.55M
139 42nd Street
$2,550,000
$510/SF
Building Size
5,000 SF
Asset Type
Industrial
Closing
Dec 20, 2024
About this deal
AI
The industrial property located at 139 42nd Street in Brooklyn has been sold for $2,550,000. This asset encompasses a total area of 5,000 square feet, equating to a price per square foot of $510.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,550,000
- Square Footage: 5,000
- Address: 139 42nd Street
- Market: Brooklyn
- Buyer: Giovanni Valerio
- Seller: Kara Pellitteri
- Broker: Matthew Kaplon - Kaplon-Belo Real Estate LLC
The transaction involved key individuals, including buyer Giovanni Valerio and seller Kara Pellitteri, with representation provided by Matthew Kaplon of Kaplon-Belo Real Estate LLC, who acted as the broker in the deal.
On the Map
$2,550,000
$510/SF
Industrial
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Players
Brooklyn Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93