Updated Jul 16, 2026
James Dolan Acquires Industrial Property In Greenpoint For $6M
251 Huron Street, Brooklyn, New York 11222, United States
$6,000,000
$306/SF
Building Size
19,600 SF
Asset Type
Industrial
Closing
Jun 21, 2022
About this deal
AI
Located in Greenpoint, the industrial property at 251 Huron Street recently changed hands in a closed transaction. The sale took place on June 22, 2022, with James Dolan purchasing the property from Robert Grosso. The sale price for the 19,600 square foot asset was $6,000,000, resulting in a price per square foot of $306.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,000,000
- Address: 251 Huron Street
- Market: Greenpoint
James Dolan, represented by their broker Robert Grosso, acquired the property from Robert Grosso. This transaction indicates continued investor interest in the Greenpoint market and highlights the demand for industrial properties in the area.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit James Dolan to view all their deals.
Browse New York industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93