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194 Schenck Avenue

Robert Finnerty Brokered the Sale of an Industrial Property in Brooklyn for $1.325 million
SOLDIndustrial

Robert Finnerty Brokered the Sale of an Industrial Property in Brooklyn for $1.325 million

194 Schenck Avenue

$1,325,000

$265/SF

Building Size

5,000 SF

Asset Type

Industrial

Closing

May 7, 2025

AI

The property asset involved in this transaction is an industrial asset located at 194 Schenck Avenue in Brooklyn. The sale was recorded at a price of $1,325,000 for an area encompassing 5,000 square feet, resulting in a price per square foot of $265.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,325,000
  • Address: 194 Schenck Avenue
  • Market: Brooklyn
  • Square Footage: 5,000
  • Price per Square Foot: $265
  • Seller: Matt Moore
  • Broker: Robert Finnerty - Findor

Robert Finnerty from Findor acted as the broker for this transaction, representing the seller, Matt Moore. For those interested in sourcing warehouse or commercial properties for business or investment needs, Robert Finnerty can be contacted at 732-856-7386 or via email at Rob@findor.org.

Players

Robert Finnerty

Findor

Broker

$49.7M

vol

9 deals

Broker
Findor
FindorBuyer
Findor
FindorSeller

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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93