Avishy Fisher Acquires Industrial Property In Gowanus, Brooklyn For $5.4M
538 Carroll Street, Gowanus, Brooklyn, NY, USA
$5,365,500
$1,400/SF
Building Size
3,832 SF
Asset Type
Industrial
Closing
Jun 1, 2021
AI
A industrial property located at 538 Carroll Street in Gowanus, Brooklyn has been sold in a closed transaction on June 2, 2021. The property is zoned as M1-2 and has a lot size of 3,871 square feet, with dimensions of 49.42 ft x 79.92 ft.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $5,365,500
- Market: Gowanus, Brooklyn
- Buyer: Avishy Fisher
- Seller: Ekaterini Kipriadis
- BSF (Building Square Footage): 7,742
- PPBSF (Price per Building Square Foot): $693
- SF (Lot Square Footage): 3,832
- PPSF (Price per Square Foot): $1,400
- FAR (Floor Area Ratio): 0.99
- Tax Class: 4
- Lot Dimensions: 49.42 ft x 79.92 ft
Avishy Fisher was represented by their broker in the transaction. The deal involved no additional details regarding financing or other parties involved.
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
2.96%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93