facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Development Site

/

Sale

/

49 Dupont Street

Rosewood Realty Group Sells Development Site In Greenpoint For $82M
SOLDDevelopment Site

Rosewood Realty Group Sells Development Site In Greenpoint For $82M

49 Dupont Street

$82,000,000

$836/SF

Building Size

98,000 SF

Asset Type

Development Site

Closing

Oct 19, 2022

AI

A development site located at 49 Dupont Street in Greenpoint has been sold for a total of $82,000,000. The property spans across 98,000 square feet and has a price per square foot of $837. This transaction took place on October 19, 2022. The sale was facilitated by Greg Corbin from Rosewood Realty Group, who represented the parties involved in the deal.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $82,000,000
  • Address: 49 Dupont Street
  • Market: Greenpoint
  • Square Footage: 98,000 SF
  • Price per Square Foot: $837

This significant deal was made possible through the efforts of Greg Corbin from Rosewood Realty Group. His expertise in the real estate market played an instrumental role in successfully closing this transaction. The sale of this development site in Greenpoint marks a significant milestone in the local real estate market.

Players

Greg Corbin

Northgate Real Estate Group

Broker

$1.2B

vol

84 deals

Broker
Rosewood Realty Group
Rosewood Realty GroupBrokerage

New York Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93