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157 Havemeyer Street

Industry Capital And Clyburn Group Acquire Mixed-Use Building In Williamsburg For $4.45M
SOLDMixed-use

Industry Capital And Clyburn Group Acquire Mixed-Use Building In Williamsburg For $4.45M

157 Havemeyer Street

$4,450,000

$713/SF

Building Size

6,240 SF

Asset Type

Mixed-use

Closing

Dec 18, 2025

AI

This mixed-use asset located at 157-159 Havemeyer Street in the Williamsburg market was sold for $4,450,000. The property spans 6,240 square feet, equating to a price per square foot of $713.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,450,000
  • Address: 157-159 Havemeyer Street
  • Market: Williamsburg
  • Square Footage: 6,240
  • Price per Square Foot: $713
  • Buyer: Industry Capital & Clyburn Group
  • Broker Representatives: Eric Roth, Daniel O'Brien, Caroline Hodes & Henry Hill - Newmark

The transaction involved Industry Capital and Clyburn Group as the buyers, facilitated by the brokerage team of Eric Roth, Daniel O'Brien, Caroline Hodes, and Henry Hill from Newmark. The deal highlights the collaborative effort of these brokers in the successful transaction of the property.

Players

Caroline Hodes

Newmark

Broker

$1.8B

vol

94 deals

Broker

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

3.56%

Cash-on-Cash

-1.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93