Updated Dec 20, 2023
Lonti Ebers Acquires Industrial Property On Maujer Street In Williamsburg For $2.15M
312 Maujer Street, East Williamsburg, Brooklyn, NY, USA
$2,150,000
$452/SF
Building Size
4,750 SF
Asset Type
Industrial
Closing
Feb 16, 2021
About this deal
AI
The industrial property located at 312 Maujer Street in Williamsburg, Brooklyn was recently sold in a closed transaction. The property is zoned as M1-2, making it suitable for industrial use. The sale took place on February 17, 2021.
Summary of transaction details
- Property Type: Industrial
- Address: 312 Maujer Street, Williamsburg, Brooklyn
- Market: Williamsburg
- Buyer: Lonti Ebers
- Seller: Ambrosino Family
- Broker: Julio Reyes of Reyes Elsamad
- Asking Price: $2,200,000
- Sale Price: $2,150,000
- Building Square Footage: 4,750 SF
- Price per Square Foot: $452
- Building Square Footage: 9,500 BSF
- Price per Square Foot: $226
The transaction was facilitated by Julio Reyes, who represented the buyer, Lonti Ebers, in the deal. The property was sold by the Ambrosino Family. This successful sale demonstrates the demand for industrial properties in the Williamsburg market.
On the Map
$2,150,000
$452/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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93