Updated Oct 28, 2024
Rent-A-Unit NY Acquires Industrial Property In East New York For $5.4M With Cushman & Wakefield As Brokers
315 Liberty Ave, Brooklyn, NY 11207, USA
$5,400,000
$189/SF
Building Size
28,500 SF
Asset Type
Industrial
Closing
Oct 7, 2022
About this deal
AI
The industrial property located at 315 Liberty Ave in East New York has been sold in a closed transaction. The property spans 28,500 square feet and was sold for a total price of $5,400,000, resulting in a price per square foot of $189. The sale was completed on 10/07/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,400,000
- Square Footage: 28,500
- Price per Square Foot: $189
- Address: 315 Liberty Ave, East New York
- Market: East New York
The buyer of the property is Rent-A-Unit NY, while the seller is Abe Leser. Representing both buyer and seller in this transaction were Daniel O'Brien, Caroline Hodes, and William Diana from Cushman & Wakefield. No additional information regarding the deal participants or their respective agencies was provided.
Players
New York 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93