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

Property Image
SOLD
$4,450,000
Eric Roth
Daniel (Dan) O'Brien
+ 1

New York

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Mixed-use6,240 SF
Sold 12/19/2025
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Property Image
SOLD

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

157 Havemeyer Street

See Similar Deals
Mixed-use6,240 SF
Sold 12/19/2025
Eric Roth
Daniel (Dan) O'Brien
+ 1
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$713
Total Square Footage:6,240 SF
Transaction Type:Sale

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
93 deals$1.8B volume(516) 263-9404
BROKER

Eric Roth
Newmark
61 deals$1.5B volume(212) 655-0625
BROKER

Henry Hill
Newmark
28 deals$468M volume(212) 655-0695
BROKER

Daniel (Dan) O'Brien
Newmark
145 deals$4.6B volume(212) 698-5584
BROKER

Details

SOLD
IMAGE: Eric Roth, Michael Paranac, Daniel O'Brien, Caroline Hodes & Henry Hill DATE: 12/19/2025 ADDRESS: 157-159 Havemeyer Street MARKET: Williamsburg ASSET TYPE: Mixed-use BUYER: Industry Capital & Clyburn Group BROKERS: Eric Roth (@EricMRoth), Daniel O'Brien, Caroline Hodes (@CarolineHodes) & Henry Hill (@Henry_Hill_CRE) - Newmark (@Newmark) SALE PRICE: $4,450,000 SF: 6,240 ~ PPSF: $713

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

$237,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,809.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,095.27
Annual Debt Service$253,143.24