Pinnacle Realty Of New York Facilitates $12 Million Warehouse Sale In Brooklyn
184 Moore Street
$12,000,000
$533/SF
Building Size
22,500 SF
Asset Type
Warehouse
Closing
Aug 21, 2026
About this deal
AI
This transaction involves the sale of a warehouse located at 184 Moore Street in Brooklyn. The property was sold for $12,000,000, encompassing 22,500 square feet, which equates to a price per square foot of $533.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $12,000,000
- Address: 184 Moore Street
- Market: Brooklyn
- Square Footage: 22,500
- Price per Square Foot: $533
David Junik and Thomas Chamoun, both from Pinnacle Realty of New York, represented the seller in this off-market transaction. The sale signifies a strategic expansion for a major company looking to enhance its presence in New York.
Players
Brooklyn Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93