Updated Dec 21, 2023
Andrew Cavitolo Acquires Industrial Property In East Williamsburg For $4.8M
324 Maujer Street, Brooklyn, New York 11206, United States
$4,800,000
$391/SF
Building Size
12,256 SF
Asset Type
Industrial
Closing
Jul 24, 2022
About this deal
AI
The industrial property located at 324 Maujer Street in East Williamsburg has been sold for a total price of $4,800,000. The property spans 12,250 square feet, resulting in a price per square foot of $387.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,800,000
- Address: 324 Maujer Street
- Market: East Williamsburg
- Buyer: Andrew Cavitolo
- Seller: Barry B. Lutsky
Andrew Cavitolo has acquired the property from Barry B. Lutsky in this transaction.
The industrial sale at 324 Maujer Street, Brooklyn, New York 11206, United States in New York, New York sold for $4.8M in 2022. The building is 12,256 square feet, implying about 391 per square foot on the published price. This page is the New York, New York file for the 324 Maujer Street, Brooklyn, New York 11206, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same New York sit in the Market section below. Filter that New York industrial set by closing date to see what else sold near 324 Maujer Street, Brooklyn, New York 11206, United States around 2022. Published consideration for 324 Maujer Street, Brooklyn, New York 11206, United States is $4.8M, dated 2022. Cite this Andrew Cavitolo Acquires Industrial Property In East Williamsburg For $4.8M sale when underwriting similar industrial product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93