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2460 E 17th St Brooklyn, NY...

Updated Sep 5, 2024

Commercial Acquisitions Acquires Industrial Property On East 17th Street In New York City For $2.375M
SOLDIndustrial

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.

Players

Arsen Atbashyan

Commercial Acquisitions

Broker

$127M

vol

53 deals

Broker

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $275 per square foot on a published $2.4M for 8,624 square feet (2023).

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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

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