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1637 62nd Street, Brooklyn,...

Updated Dec 22, 2023

Blimie Perlstein Acquires Industrial Asset In Bensonhurst, Brooklyn For $11.7M
SOLDIndustrial

Blimie Perlstein Acquires Industrial Asset In Bensonhurst, Brooklyn For $11.7M

1637 62nd Street, Brooklyn, New York 11204, United States

$7,500,000

$459/SF

Building Size

16,320 SF

Asset Type

Industrial

Closing

Dec 29, 2021

About this deal

AI

The industrial property located at 1663 62nd Street in Bensonhurst, Brooklyn has been sold for $11,700,000. The property spans across 24,320 square feet, resulting in a price per square foot of $481.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $11,700,000
  • Address: 1663 62nd Street, Bensonhurst, Brooklyn
  • Market: Bensonhurst, Brooklyn

Blimie Perlstein has purchased the property from Shani Segal.

The industrial sale at 1637 62nd Street, Brooklyn, New York 11204, United States in New York, New York sold for $7.5M in 2021. The building is 16,320 square feet, implying about 459 per square foot on the published price. This page is the New York, New York file for the 1637 62nd Street, Brooklyn, New York 11204, United States 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 1637 62nd Street, Brooklyn, New York 11204, United States around 2021. Published consideration for 1637 62nd Street, Brooklyn, New York 11204, United States is $7.5M, dated 2021. Cite this Blimie Perlstein Acquires Industrial Asset In Bensonhurst, Brooklyn For $11.7M sale when underwriting similar industrial product around New York, New York.

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New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $459 per square foot on a published $7.5M for 16,320 square feet (2021).

Browse New York industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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