Yosef Rabinowitz Acquires Mixed-Use Property In Gowanus, Brooklyn For $19.5M
130 3rd Street
$19,500,000
$325/SF
Building Size
60,000 SF
Asset Type
Mixed-use
Closing
Sep 14, 2023
AI
The mixed-use property located at 130 3rd Street in Gowanus, Brooklyn has been sold for a total of $19,500,000. Spanning across 60,000 square feet, this property offers a versatile space for a variety of commercial and residential purposes. With a price per square foot of $325, this transaction reflects the value and potential of this prime real estate in the Gowanus market.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $19,500,000
- Square Footage: 60,000
- Price Per Square Foot: $325
- Address: 130 3rd Street, Gowanus, Brooklyn
The buyer of this property is Yosef Rabinowitz. Representing the buyer's interests in this deal is David Junik, who works for Pinnacle Realty of New York. On the other side, Tomas Shleiwet from Greiner-Maltz Real Estate served as the seller's representative, ensuring a smooth transaction for both parties involved.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93