National Sawdust Acquires Retail Property In Williamsburg, Brooklyn For $2.4M
80 N 6th St Brooklyn, Ny 11249, Usa
$2,400,000
Building Size
—
Asset Type
Retail
Closing
Aug 30, 2023
About this deal
AI
National Sawdust, a nonprofit known for avant-garde performances, has acquired its Williamsburg theater venue for $2,400,000. The property, located at 80 North 6th Street in Williamsburg, Brooklyn, is a retail space. Spanning an undisclosed square footage, this acquisition marks a significant investment for National Sawdust.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 80 North 6th Street, Williamsburg, Brooklyn
- Market: Williamsburg, Brooklyn
- Buyer: Ana De Archuleta and Kevin Dolan - National Sawdust
In this transaction, Ana De Archuleta and Kevin Dolan, representing National Sawdust, successfully acquired the retail property in Williamsburg. This purchase further solidifies National Sawdust's commitment to providing unique and experimental performances in their own venue.
Players
Plummer Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93