Industrial Property At 242 Dyckman Street Sold For $7,000,000 In Inwood With Brokers From CBRE
SOLD
$7,000,000
+ 1
New York
See Similar DealsIndustrial1,820 SF
Sold 12/29/2025
SOLD
Industrial Property At 242 Dyckman Street Sold For $7,000,000 In Inwood With Brokers From CBRE
242 Dyckman Street
See Similar DealsIndustrial1,820 SF
Sold 12/29/2025
+ 1
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$3,846
Total Square Footage:1,820 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$373,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,869.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,183.57
Annual Debt Service$398,202.85
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