Abraham Brach Acquires Industrial Property In Brooklyn From Pfizer Corp For $27.5M
SOLD
New York
See Similar DealsIndustrial30,000 SF
Sold 01/17/2017
SOLD
Abraham Brach Acquires Industrial Property In Brooklyn From Pfizer Corp For $27.5M
58 Gerry St, Brooklyn, NY 11206, USA
See Similar DealsIndustrial30,000 SF
Sold 01/17/2017
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:30,000 SF
Transaction Type:Sale
The asset involved in this transaction is an industrial property located at 58 Gerry St, Brooklyn, within the NYC Boroughs market. The transaction was completed for a total price of $27,500,000.00, representing the value of the asset exchanged between the parties.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $27,500,000.00
- Seller: Pfizer Corp
- Buyer: Abraham Brach
- Address: 58 Gerry St, Brooklyn
- Market: NYC Boroughs
The transaction involved Pfizer Corp as the seller, who transferred ownership of the property to buyer Abraham Brach. The deal reflects the dynamics of the industrial real estate market in Brooklyn, showcasing the parties involved in this significant exchange.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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