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209 Havemeyer St, Brooklyn,...

Updated May 12, 2025

Bilt advertisement
Tavros Capital & Charney Development Acquire Retail/Office Bank Building In Brooklyn For $12.3M
SOLDOffice

Tavros Capital & Charney Development Acquire Retail/Office Bank Building In Brooklyn For $12.3M

209 Havemeyer St, Brooklyn, NY 11211, USA

Building Size

10,000 SF

Asset Type

Office

Closing

Nov 19, 2017

About this deal

AI

Located at 209 Havemeyer Street in Brooklyn's vibrant market, this retail/office bank building was recently sold in a closed property transaction. The property spans approximately 10,000 square feet with a price of $12,300,000, translating to a price per square foot of $1,230. The sellers, Dime Community Bank, engaged in the transaction with the buyers, Tavros Capital & Charney Development.

Summary of transaction details:

  • Property Type: Retail/Office Bank Building
  • Transaction Amount: $12,300,000
  • Square Footage: 10,000 sf
  • Price per Square Foot: $1,230
  • Address: 209 Havemeyer Street, Brooklyn
  • Market: Brooklyn

Representing the seller, Dime Community Bank, was Charlie Terrasi, while Nicholas Silvers and Sam Charney acted as the buyer's representatives. These individuals played a crucial role in facilitating this successful closed property transaction.

Players

Charlie Terrasi

Broker

$111.3M

vol

6 deals

Broker
Tavros Capital
Tavros CapitalBuyer
Dime Community Bank
Dime Community BankSeller
Dime Community Bank
Dime Community BankLender

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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