TerraCRG Brokers $10.2M Sale Of Industrial Property In Red Hook, Brooklyn
202 Van Dyke Street, Brooklyn, New York 11231, United States
$10,230,000
$148/SF
Building Size
68,800 SF
Asset Type
Industrial
Closing
Jun 26, 2022
AI
An industrial property located at 202 Van Dyke St. in Red Hook, Brooklyn has been sold. The transaction took place on June 27, 2022. The property, spanning 68,800 square feet, was sold for a total price of $10,230,000, resulting in a price per square foot of $148.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $10,230,000
- Square Footage: 68,800
- Address: 202 Van Dyke St.
- Market: Red Hook, Brooklyn
The sale of this industrial property was facilitated by brokers Ofer Cohen, Dan Marks, Daniel Lebor, and Jackson O'Neill from TerraCRG.
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
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93