Updated Dec 21, 2023
Jose Perez Acquires Industrial Property On Conway Street In Bushwick, Brooklyn For $4.6M
68 Conway Street, Brooklyn, NY, USA
$4,600,000
$269/SF
Building Size
17,056 SF
Asset Type
Industrial
Closing
May 4, 2021
About this deal
AI
The industrial property located at 68 Conway Street in Bushwick, Brooklyn, has been sold in a recent transaction. The property, with a lot size of 20,560 square feet and dimensions of 176 ft x 150 ft, is zoned M1-1. The transaction took place on May 5, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,600,000
- Building Square Footage (BSF): 20,550
- Price per Square Foot (PPSF): $269
- Square Footage (SF): 17,056
- Tax Class: 4
- Far: 0.83
- Last Sale Price: $2,200,000 (9/10/2012)
The buyer of the property is Jose Perez, while the seller is Raymond Rivera.
Please note that no additional information is available regarding the deal's key individuals and companies involved.
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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93