Updated Oct 28, 2024
Mosdos Satmar BP Acquires Industrial Property In Dyker Heights For $4.33M
6202 14th Avenue, Brooklyn, New York 11219, United States
$4,330,000
$462/SF
Building Size
9,356 SF
Asset Type
Industrial
Closing
Aug 10, 2022
About this deal
AI
The property involved in this closed transaction is an industrial asset located at 6202 14th Avenue, 6210 14th Avenue, and 1370 62nd Street in Dyker Heights. The property spans a total of 9,356 square feet and was sold for a price of $4,330,000, resulting in a price per square foot of $462.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $4,330,000
- Square Footage: 9,356
- Price Per Square Foot: $462
- Address: 6202 14th Avenue, 6210 14th Avenue & 1370 62nd Street
- Market: Dyker Heights
The buyer in this transaction is Mosdos Satmar BP, while the seller is Arthur Meisels.
Note: No additional information is available regarding this transaction.
Players
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
3.66%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93