Industrial Property At 242 Dyckman Street Sold For $7,000,000 In Inwood With Brokers From CBRE
242 Dyckman Street
$7,000,000
$3,846/SF
Building Size
1,820 SF
Asset Type
Industrial
Closing
Dec 28, 2025
AI
The property asset involved in this transaction is located at 242 Dyckman Street in the Inwood market. It is classified as an industrial property with a sale price of $7,000,000 and encompasses a total square footage of 1,820, resulting in a price per square foot of $3,846.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Square Footage: 1,820
- Price per Square Foot: $3,846
- Address: 242 Dyckman Street
- Market: Inwood
The key individuals involved in this transaction include brokers Robert Shapiro, Ian Brooks, Nicholas Kontos, and David Garcia, all representing CBRE. Their involvement highlights the brokerage expertise present in facilitating this sale.
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93