Updated Sep 1, 2026
273 Russell Holdings LLC Purchases Industrial Property At 273 Russell Street For $3.3 Million
273 Russell Street
$3,300,000
$365/SF
Building Size
9,033 SF
Asset Type
Industrial
Closing
Aug 12, 2026
About this deal
AI
A 9,033-square-foot industrial property located at 273 Russell Street in Greenpoint, Brooklyn has been sold for $3.3 million. The sale was executed at a price of $365 per square foot, reflecting a value-oriented transaction in the industrial market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Address: 273 Russell Street
- Market: Greenpoint, Brooklyn
- Buyer: 273 Russell Holdings LLC
- Seller: David Aviram - Maverick Real Estate Partners
- Square Footage: 9,033
- Price per Square Foot: $365
The buyer, 273 Russell Holdings LLC, has acquired the property from David Aviram, who is affiliated with Maverick Real Estate Partners. This transaction underscores the ongoing activity in the Brooklyn industrial market, facilitated by key individuals in the real estate sector.
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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93