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360 Scholes Street

Zeev Puder Sells Industrial Property At 360 Scholes Street Brooklyn For $4.1M With Eitan Hakami And JianLi Zou
SOLDIndustrial

Zeev Puder Sells Industrial Property At 360 Scholes Street Brooklyn For $4.1M With Eitan Hakami And JianLi Zou

360 Scholes Street

$4,100,000

$410/SF

Building Size

10,000 SF

Asset Type

Industrial

Closing

Oct 30, 2024

AI

The property involved in this transaction is located at 360 Scholes Street, Brooklyn. It is categorized as an industrial asset, comprising 10,000 square feet. The property was sold for $4,100,000, resulting in a price per square foot of $410.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,100,000
  • Sale Price: $4,100,000
  • Square Footage: 10,000
  • Price Per Square Foot: $410
  • Seller: Zeev Puder
  • Buyer’s Representative: JianLi Zou - Pinnacle Realty
  • Seller’s Representative: Eitan Hakami - Greiner-Maltz Real Estate
  • Market: Brooklyn

The transaction features notable individuals representing both sides. JianLi Zou served as the buyer's representative, affiliated with Pinnacle Realty, while Eitan Hakami represented the seller through Greiner-Maltz Real Estate.

Players

JianLi Zou

Broker

$17.6M

vol

5 deals

Broker

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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93