Updated Dec 20, 2023
Isaac Schwartz Sells Gowanus Property To Peter Moore For $15M With David Junik - Pinnacle Realty As The Broker
282 Nevins St, Gowanus, Brooklyn, NY, USA
$15,000,000
$331/SF
Building Size
45,200 SF
Asset Type
MultiFamily
Closing
Mar 6, 2019
About this deal
AI
The property located at 282 Nevins St in Gowanus, BK has been sold for a total of $15,000,000. The transaction took place on 03/07/2019 and the property spans over an area of 45,200 square feet. This amounts to a price per square foot of $331. The sale was facilitated by broker David Junik from Pinnacle Realty.
Summary of transaction details
- Property Type: Sale
- Transaction Amount: $15,000,000
- Date: 03/07/2019
- Address: 282 Nevins St, Gowanus, BK
- Market: Gowanus, BK
The seller of the property was Isaac Schwartz, while the buyer was Peter Moore. David Junik from Pinnacle Realty represented both parties as the broker in this transaction.
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93