Updated Dec 21, 2023
Dan Leibowitz Acquires Industrial Property In Westchester County For $4.15M
521 East 3rd Street, New York City, New York 10009, United States
$4,150,000
$188/SF
Building Size
22,000 SF
Asset Type
Industrial
Closing
Apr 28, 2022
About this deal
AI
The industrial property located at 521 E. 3rd St. in Westchester County has been sold in a transaction that closed on April 29, 2022. The property spans 22,000 square feet and was sold for a price of $4,150,000, resulting in a price per square foot of $188.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,150,000
- Date: 04/29/2022
- Address: 521 E. 3rd St.
- Market: Westchester County
The buyer of the property is Dan Leibowitz, while the seller is Mikhail Tsinberg. Representing the buyer is Eitan Agbashoff from Greiner-Maltz, and representing the seller are Anthony Watkins and David Algarin from The Oak & Avery Group.
On the Map
$4,150,000
$188/SF
Industrial
View full map
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit David Algarin to view all their deals.
Browse New York industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93