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219 13th St, Brooklyn, NY 1...

Updated Sep 9, 2024

Brooklyn And Manhattan Mixed-Use Properties Sold With Buyer's Rep David Shorenstein, Jason Silverstein, Michael Shah And Rich Velotta, And Seller's Rep Rael Gervis, Simon Rosenfeld And Craig Berger
SOLDMixed-use

Brooklyn And Manhattan Mixed-Use Properties Sold With Buyer's Rep David Shorenstein, Jason Silverstein, Michael Shah And Rich Velotta, And Seller's Rep Rael Gervis, Simon Rosenfeld And Craig Berger

219 13th St, Brooklyn, NY 11215, USA

$102,000,000

$51/SF

Building Size

2,000,000 SF

Asset Type

Mixed-use

Closing

Sep 20, 2018

About this deal

AI

The recent closed property transactions in Brooklyn and Manhattan, NY involved a variety of mixed-use and multi-family assets. Among the properties transacted were 219 13th St in Brooklyn, 808 Prospect in Brooklyn, 41 Henry in Manhattan, 167 Waverly in Brooklyn, 372 Baltic in Brooklyn, 193 Sackett St in Brooklyn, and 278 Dean St in Brooklyn. Each property showcased unique characteristics and features.

Summary of transation details

  • Property Type: Mixed-Use/ Multi-family
  • Transaction Date: 09/21/2018
  • Market: Brooklyn & Manhattan, NY

At 219 13th St in Brooklyn, a mixed-use property changed hands in a closed transaction. The property's square footage, sale price, and loan amount were not specified in the available information. The deal involved David Shorenstein, Jason Silverstein, Michael Shah, and Rich Velotta.

808 Prospect, also located in Brooklyn, saw a closed transaction. No additional information, such as the property's price or individuals involved in the deal, was provided.

In Manhattan, the property at 41 Henry was part of a recent deal. Unfortunately, no further details regarding this transaction were available.

Another property in Brooklyn, 167 Waverly, was involved in a closed transaction. However, information regarding the sale price, loan amount, or individuals and companies involved was not provided.

A closed transaction took place at 372 Baltic, a property located in Brooklyn. Unfortunately, no additional details on this transaction were available.

193 Sackett St in Brooklyn was also part of a recent closed deal. However, the specific details of this transaction were not provided.

The final property transacted was 278 Dean St, located in Brooklyn. No additional information was available regarding this closed deal.

Players

Abie Kassin

Meridian Capital Group

Broker

$1.6B

vol

52 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $51 per square foot on a published $102M for 2,000,000 square feet (2018).

Visit Richard (Rich) Velotta to view all their deals.

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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