Updated Sep 5, 2024
Commercial Acquisitions Acquires Industrial Property On East 17th Street In New York City For $2.375M
2460 E 17th St Brooklyn, NY 11235, USA
$2,375,000
$275/SF
Building Size
8,624 SF
Asset Type
Industrial
Closing
Jun 15, 2023
About this deal
AI
The industrial property located at 2460 East 17th Street in New York City has been sold for a total price of $2,375,000. The property spans an area of 8,624 square feet, resulting in a price per square foot of $275.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,375,000
Arsen Atbashyan of Commercial Acquisitions represented the seller in this transaction. The deal was successfully closed on 15th June 2023.
The industrial sale at 2460 E 17th St Brooklyn, NY 11235, USA in New York, New York sold for $2.4M in 2023. The building is 8,624 square feet, implying about 275 per square foot on the published price. Arsen Atbashyan, Commercial Acquisitions appear on the sale alongside Commercial Acquisitions. This page is the New York, New York file for the 2460 E 17th St Brooklyn, NY 11235, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else sold near 2460 E 17th St Brooklyn, NY 11235, USA around 2023. Published consideration for 2460 E 17th St Brooklyn, NY 11235, USA is $2.4M, dated 2023. Cite this Commercial Acquisitions Acquires Industrial Property On East 17th Street In New York City For $2.375M sale when underwriting similar industrial product around New York, New York.
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
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93