Dale Woolford Acquires Industrial Property In Brooklyn From Daniel Houlihan For $3.75M
SOLD
$3,750,000
New York
See Similar DealsIndustrial18,658 SF
Sold 10/31/2025
SOLD
Dale Woolford Acquires Industrial Property In Brooklyn From Daniel Houlihan For $3.75M
972 974 Dean Street
See Similar DealsIndustrial18,658 SF
Sold 10/31/2025
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$201
Total Square Footage:18,658 SF
Transaction Type:Sale
The property asset is an industrial type located at 972-974 Dean Street in Brooklyn. It was sold for $3,750,000, covering a total of 18,658 square feet, which translates to a price per square foot of $201.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,750,000
- Address: 972-974 Dean Street
- Market: Brooklyn
- Square Footage: 18,658
- Price per Square Foot: $201
- Buyer: Dale Woolford
- Seller: Daniel Houlihan
- Broker Representation: Dan Marks & Spencer Corley - Terra CRG
The key individuals involved in this transaction include the buyer, Dale Woolford, and the seller, Daniel Houlihan. The deal was facilitated by the brokerage Terra CRG, represented by Dan Marks and Spencer Corley.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
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