facebook
Traded Co logo
Submit
Daily limit: 0/10

Perciballi Industries Acquires Industrial Properties From David Berman In Port Richmond For $4.9M

Property Image
SOLD
$4,900,000

New York

See Similar Deals
Industrial24,025 SF
Sold 10/03/2025
the dealplayerscompscontact
Property Image
SOLD

Perciballi Industries Acquires Industrial Properties From David Berman In Port Richmond For $4.9M

5 Barrett Lane

See Similar Deals
Industrial24,025 SF
Sold 10/03/2025
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$204
Total Square Footage:24,025 SF
Transaction Type:Sale

The transaction involved five industrial properties located at 34 Van Street, 22 Van Street, and 5 Barrett Lane in Port Richmond, Staten Island. The sale price was set at $4,900,000, with a building size factor (BSF) of 38,681 and a price per building size factor (PPBSF) of $127. The total square footage of the properties is 24,025, translating to a price per square foot (PPSF) of $204.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,900,000
  • Buyer: Perciballi Industries
  • Seller: David Berman
  • BSF: 38,681
  • PPBSF: $127
  • SF: 24,025
  • PPSF: $204

Perciballi Industries plans to occupy the properties following the acquisition from David Berman, indicating an intention for owner-occupancy after the transaction.

Players

8 deals$75.1M volume
SELLER

Details

SOLD
IMAGE: 10/03/2025 ADDRESS: 34 Van Street, 22 Van Street & 5 Barrett Lane MARKET: Port Richmond, Staten Island ASSET TYPE: Industrial BUYER: Perciballi Industries SELLER: David Berman SALE PRICE: $4,900,000 BSF: 38,681 ~ PPBSF: $127 SF: 24,025 ~ PPSF: $204 NOTE: Perciballi Industries bought five Port Richmond industrial properties from David Berman for $4.9M, with plans for owner-occupancy.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$261,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,408.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,228.50
Annual Debt Service$278,742.00