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Hebrew Home For The Living Acquires Industrial Property In East New York For $2.4M

Property Image
SOLD
$2,415,000
Casey Begoon
William (Will) Diana
Daniel (Dan) O'Brien
+ 1

New York

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Industrial8,300 SF
Sold 09/27/2021
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Property Image
SOLD

Hebrew Home For The Living Acquires Industrial Property In East New York For $2.4M

673 Livonia Avenue, Brooklyn, NY 11207

See Similar Deals
Industrial8,300 SF
Sold 09/27/2021
Casey Begoon
William (Will) Diana
Daniel (Dan) O'Brien
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$291
Total Square Footage:8,300 SF
Transaction Type:Sale

The industrial property located at 673 Livonia Avenue in East New York has been sold for $2,415,000. The property spans 8,300 square feet, resulting in a price per square foot of $290. The lot size measures 100 feet by 100 feet. The transaction took place on September 27, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Address: 673 Livonia Avenue
  • Market: East New York
  • Zoning: R6, C2-3
  • Sale Price: $2,415,000
  • Square Footage: 8,300
  • Price per Square Foot: $290
  • Lot Size: 100 ft x 100 ft
  • Date: 09/27/2021

The buyer of the property is Hebrew Home For The Living, represented by Jim Norton. The seller is Jon Lacdao. The deal was facilitated by a team of brokers consisting of Dan O'Brien, Casey Begoon, Will Diana, and Caroline Hodes from Cushman & Wakefield.

Players

Caroline Hodes
Newmark
Caroline Hodes
93 deals$1.8B volume(516) 263-9404
BROKER
William (Will) Diana
WTD Realty Partners
William Diana
33 deals$110.3M volume
BROKER
William (Will) Diana
WTD Realty Partners
William Diana
33 deals$110.3M volume
BROKER
Casey Begoon
Cushman & Wakefield
Casey Begoon
8 deals$52.4M volume
BROKER
Daniel (Dan) O'Brien
Newmark
Daniel O'Brien
145 deals$4.6B volume(212) 698-5584
BROKER
Artemis Realty Advisors
Artemis Realty Advisors
BROKERAGE

Details

SOLD
IMAGE: Caroline Hodes, Dan O'Brien, Will Diana & Casey Begoon DATE: 09/27/2021 ADDRESS: 673 Livonia Avenue MARKET: East New York ASSET TYPE: Industrial ~ ZONING: R6, C2-3 BUYER: Hebrew Home For The Living - Jim Norton SELLER: Jon Lacdao BROKERS: Dan O'Brien, Casey Begoon (@Be_goon), Will Diana (@WillDiana_) & Caroline Hodes (@CarolineHodes) - Cushman & Wakefield (@CushWake) SALE PRICE: $2,415,000 SF: 8,300 ~ PPSF: $290 LOT SIZE: 100 ft x 100 ft

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Deal Type
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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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