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

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SOLD
$4,100,000

New York

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Industrial10,000 SF
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SOLD

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

360 Scholes Street

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Industrial10,000 SF
Sold
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Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$410
Total Square Footage:10000 SF
Transaction Type:Sale

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

5 deals$17.6M volume
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Details

SOLD
IMAGE: JianLi Zou & Eitan Hakami DATE: 10/30/2024 ADDRESS: 360 Scholes Street MARKET: Brooklyn ASSET TYPE: Industrial SELLER: Zeev Puder BUYER'S REP: JianLi Zou - Pinnacle Realty SELLER'S REP: Eitan Hakami - Greiner-Maltz Real Estate (@GreinerMaltz) SALE PRICE: $4,100,000 SF: 10,000 ~ PPSF: $410

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

$218,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10