Yeter Sisman Purchases Industrial Property From James Macaluso In Brooklyn For $1.45M
SOLD
$1,450,000
New York
See Similar DealsIndustrial8,000 SF
Sold 03/13/2025
SOLD
Yeter Sisman Purchases Industrial Property From James Macaluso In Brooklyn For $1.45M
2123 Mill Avenue
See Similar DealsIndustrial8,000 SF
Sold 03/13/2025
Summary
NEW YORK
Asset Type:Industrial
Price Per Square Foot:$181
Total Square Footage:8,000 SF
Transaction Type:Sale
This industrial property located at 2123 Mill Avenue in Brooklyn was sold for $1,450,000. The total area of the asset measures 8,000 square feet, resulting in a price per square foot of $181.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,450,000
- Address: 2123 Mill Avenue
- Market: Brooklyn
- Buyer: Yeter Sisman
- Seller: James Macaluso
- Broker: Robert Finnerty - Findor
Robert Finnerty, representing the broker agency Findor in this transaction, can be contacted for further inquiries regarding off-market industrial opportunities in Brooklyn at 732-856-7386, 646-276-1280, or via email at Rob@findor.org.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,151.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,873.74
Annual Debt Service$82,484.88
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