Updated Nov 11, 2025
Dale Woolford Acquires Industrial Property In Brooklyn From Daniel Houlihan For $3.75M
972 974 Dean Street
$3,750,000
$201/SF
Building Size
18,658 SF
Asset Type
Industrial
Closing
Oct 30, 2025
About this deal
AI
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.
On the Map
$3,750,000
$201/SF
Industrial
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Players
Brooklyn 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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93