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Shiya Acquires Office Building In Borough Park, Brooklyn For $29.5M

Property Image
SOLD
$29,500,000
Daniel (Dan) Lebor
Adam Tannenbaum
+ 1

New York

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Office1,475,200 SF
Sold 08/07/2020
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Property Image
SOLD

Shiya Acquires Office Building In Borough Park, Brooklyn For $29.5M

6201 15th Ave, Brooklyn, NY 11219, USA

See Similar Deals
Office1,475,200 SF
Sold 08/07/2020
Daniel (Dan) Lebor
Adam Tannenbaum
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$20
Total Square Footage:1,475,200 SF
Transaction Type:Sale

The property at 6201 15th Avenue in Borough Park, Brooklyn has been sold for a price of $29,500,000. The asset is classified as an office space with a total square footage of 147,520. The price per square foot is $199. The property is zoned as M1-1 and consists of 75,520 square feet of office space, 36,000 square feet of storage space, and 36,000 square feet of industrial space. The lot dimensions are 200 ft x 180 ft and the tax class is 4.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $29,500,000
  • Square Footage: 147,520
  • Price per Square Foot: $199
  • Zoning: M1-1
  • Office Square Footage: 75,520
  • Storage Square Footage: 36,000
  • Industrial Square Footage: 36,000
  • Lot Dimensions: 200 ft x 180 ft
  • Tax Class: 4

The deal was facilitated by Ofer Cohen, Dan Marks, Daniel Lebor, and Adam Tannenbaum. They represented the buyer, Shiya [...].

Players

Adam Tannenbaum
7 deals$64.4M volume(718) 489-8333
BROKER

Daniel (Dan) Lebor
Terra CRG
50 deals$986.7M volume
BROKER

Ofer Cohen
Terra CRG
25 deals$606.2M volume
BROKER

Dan Marks
Terra CRG
48 deals$904.6M volume
BROKER

Details

SOLD
IMAGE: Ofer Cohen, Dan Marks, Daniel Lebor & Adam Tannenbaum DATE: 08/07/2020 ADDRESS: 6201 15th Avenue MARKET: Borough Park, Brooklyn ASSET TYPE: Office SALE PRICE: $29,500,000 SF: 147,520 PPSF: $199 ZONING: M1-1 OFFICE SF: 75,520 STORAGE SF: 36,000 INDUSTRIAL SF: 36,000 LOT DIMENSIONS: 200 ft x 180 ft TAX CLASS: 4 BUYER: Shiya […]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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