Updated Sep 9, 2024
Jason Moore Acquires Industrial Property On 23rd Street In Greenwood Heights, Brooklyn
267 23rd Street, Greenwood Heights, Brooklyn, NY, USA
$1,200,000
$400/SF
Building Size
3,000 SF
Asset Type
Industrial
Closing
Dec 20, 2020
About this deal
AI
Located in Greenwood Heights, Brooklyn, the industrial property at 267 23rd Street was recently sold in a transaction that took place on December 21, 2020. The property was sold for a price of $1,200,000, with a building size of 6,868 square feet and a price per square foot of $174. The total area of the property is 3,125 square feet, resulting in a price per square foot of $384.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,200,000
- Market: Greenwood Heights, Brooklyn
- Buyer: Jason Moore
- Seller: Alan Wolf
- Broker: Bobby Lawrence - B6RealEstate
Bobby Lawrence, the representative from B6RealEstate, facilitated the transaction between the buyer, Jason Moore, and the seller, Alan Wolf. The deal involved the purchase of the industrial property at 267 23rd Street.
On the Map
$1,200,000
$400/SF
Industrial
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Players
Brooklyn 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93