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Manny Weinberger Acquires Industrial Property In Brooklyn From Meir Butchik For $3.175M

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SOLD
$3,175,000

New York

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Industrial11,000 SF
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Manny Weinberger Acquires Industrial Property In Brooklyn From Meir Butchik For $3.175M

9202 Avenue D

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Industrial11,000 SF
Sold
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$288
Total Square Footage:11000 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 9202 Avenue D in Brooklyn. The sale was finalized for a price of $3,175,000, encompassing a total area of 11,000 square feet. This translates to a price per square foot of $288.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,175,000
  • Address: 9202 Avenue D
  • Market: Brooklyn
  • Square Footage: 11,000
  • Price Per Square Foot: $288
  • Buyer: Manny Weinberger
  • Seller: Meir Butchik
  • Broker: Nina Sabag & Ariel Mulla - 5 Boro Realty

Nina Sabag and Ariel Mulla, representing 5 Boro Realty, facilitated the transaction, showcasing their expertise in selling commercial buildings and multi-unit properties. Their approach emphasizes achieving top value and ensuring a smooth process for their clients, including collaboration with foreign investors.

Players

Nina Sabag
22 deals$40.3M volume(855) 305-3325
BROKER


5 Boro Realty
BROKERAGE

Details

SOLD
IMAGE: Nina Sabag & Ariel Mulla DATE: 5/27/2025 ADDRESS: 9202 Avenue D MARKET: Brooklyn ASSET TYPE: Industrial BUYER: Manny Weinberger SELLER: Meir Butchik BROKER: Nina Sabag (@NinaSabag) & Ariel Mulla (@Ariel_Mulla) - 5 Boro Realty (@5_Boro_Realty) SALE PRICE: $3,175,000 SF: 11,000 ~ PPSF: $288 NOTE FROM BROKER: At 5 Boro Realty we sell commercial buildings and multi unit size properties. Our proven strategies get clients top value, fast results, and a smooth process from start to finish. When it comes to commercial real estate, we’re the team you call to get it done with top market price because we are often also working with foreign investors, call us today!

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

$169,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,280.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,051.12
Annual Debt Service$180,613.44