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58 Kent Street

Aperture Holdings And Greenmont Group Acquire Office In Greenpoint For $17.04M From Kickstarter
SOLDOffice

Aperture Holdings And Greenmont Group Acquire Office In Greenpoint For $17.04M From Kickstarter

58 Kent Street

$17,040,000

$518/SF

Building Size

32,879 SF

Asset Type

Office

Closing

Feb 5, 2025

AI

The property involved in the transaction is located at 58 Kent Street in Greenpoint. The asset type is an office building, measuring 32,879 square feet. The sale concluded at a price of $17,040,000, which translates to a price per square foot of $518.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $17,040,000
  • Address: 58 Kent Street
  • Market: Greenpoint
  • Square Footage: 32,879
  • Price per Square Foot: $518
  • Buyer: Aperture Holdings & Greenmont Group
  • Seller: Kickstarter
  • Broker Representatives: Daniel O'Brien, Caroline Hodes & Robbie Ferman - Newmark

The deal included key players from both the buyer and seller sides. Aperture Holdings and Greenmont Group acted as the buyers, while Kickstarter was the seller. The transaction was facilitated by brokerage representatives Daniel O'Brien, Caroline Hodes, and Robbie Ferman from Newmark, signifying a collaboration among experienced professionals in the market.

Players

Caroline Hodes

Newmark

Broker

$1.8B

vol

94 deals

Broker

Brooklyn 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

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93