Juan Perez Acquires Industrial Property In Brooklyn For $1.42M
146 Wyona Street, Brooklyn, NY, USA
$1,422,500
$284/SF
Building Size
5,000 SF
Asset Type
Industrial
Closing
Dec 29, 2020
AI
Located at 146 Wyona Street in Brooklyn, this industrial property was recently sold in a closed transaction. The property features a lot size of 50 ft x 100 ft and is zoned as M1-4/R6A, MX-16. The sale took place on December 30, 2020.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,422,500
- Brokers: Jakub Nowak & Thomas Brennan from the Nowak Group at Marcus Millichap NY
The buyer in this transaction was Juan Perez, while Christopher Burnett acted as the seller. The property's purchase price was $1,422,500, with a building square footage of 5,000 and a price per square foot of $284. The building's total square footage was 15,000, resulting in a price per buildable square foot of $94.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.15%
Cash-on-Cash
-3.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93