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545 Sackett Street, Brookly...

Domain Companies Acquires Warehouse In Brooklyn For $26.5M
SOLDIndustrial

Domain Companies Acquires Warehouse In Brooklyn For $26.5M

545 Sackett Street, Brooklyn, NY 11217

$26,500,000

$631/SF

Building Size

42,000 SF

Asset Type

Industrial

Closing

Dec 14, 2017

AI

The warehouse located at 545 Sackett Street in Brooklyn, New York was recently sold in a transaction on December 15, 2017. The property, owned by ATS Realty, was purchased by Domain Companies for a total price of $26,500,000. The warehouse spans approximately 42,000 square feet, resulting in a price per square foot of $630.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $26,500,000
  • Address: 545 Sackett Street, Brooklyn, New York
  • Market: Brooklyn
  • Seller: ATS Realty
  • Buyer: Domain Companies
  • Brokers: @Terracrg - Ofer Cohen, Dan Marks, Mike Hernandez

The deal was facilitated by the brokerage firm, Terracrg, who represented both the buyer and the seller. Ofer Cohen, Dan Marks, and Mike Hernandez of Terracrg served as the brokers in the transaction.

Players

Ofer Cohen

Terra CRG

Broker

$606.2M

vol

25 deals

Broker
DC
Domain CompaniesBuyer

New York Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.60%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93