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245 Green Street, Greenpoin...

Updated Dec 21, 2023

Anna Brenda Acquires Industrial Property On Green Street In Greenpoint For $1.9M
SOLDIndustrial

Anna Brenda Acquires Industrial Property On Green Street In Greenpoint For $1.9M

245 Green Street, Greenpoint, Brooklyn, NY, USA

$1,900,000

$447/SF

Building Size

4,242 SF

Asset Type

Industrial

Closing

May 16, 2021

About this deal

AI

An industrial property located at 245 Green Street in Greenpoint has been sold. The property, with a total square footage of 4,242, was sold for a price of $1,900,000. The sale price per square foot was $447. The buyer of the property was Anna Brenda, while the seller was Elizabeth Lamberti. The transaction was facilitated by Luca Diciero, a representative from ySpaceFinders.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,900,000
  • Address: 245 Green Street, Greenpoint
  • Market: Greenpoint
  • Buyer: Anna Brenda
  • Seller: Elizabeth Lamberti
  • Broker: Luca Diciero - ySpaceFinders

Luca Diciero, from ySpaceFinders, played a key role in facilitating the transaction. The property, with a building square footage of 8,484, was originally listed for an asking price of $2,199,999. The final transaction price represents a discount of $299,999 from the original asking price. The price per building square foot was $223, indicating a good deal for the buyer. This sale represents a successful transaction in the Greenpoint industrial market.

Players

Luca DiCiero

NY Space Finders

Broker

$128.9M

vol

155 deals

Broker

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $447 per square foot on a published $1.9M for 4,242 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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