Rocco Tomassetti Purchases Brooklyn Industrial Property For $4.55M
180 Maspeth Ave, Brooklyn, NY 11211, USA
$4,550,000
$45/SF
Building Size
100,000 SF
Asset Type
Industrial
Closing
Sep 22, 2020
AI
The industrial property located at 180 Maspeth Avenue in Brooklyn has been sold for a price of $4,550,000. The property spans across 10,000 square feet, resulting in a price per square foot of $455. The transaction took place on 09/23/2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,550,000
- Address: 180 Maspeth Avenue, Brooklyn
- Market: Brooklyn
Rocco Tomassetti has acquired the property from The Perna Family. Matthew Kaplon of Kaplon Belo represented both the buyer, Rocco Tomassetti, and the seller, The Perna Family, in this transaction.
Players
New York 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
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93