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
About this deal
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.
On the Map
$4,450,000
$713/SF
Mixed-use
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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
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93