New York City · Commercial sale

Meserole Estates II buys 273 Meserole Avenue in Brooklyn for $16.74 million

A warehouse at 273 Meserole Avenue, Brooklyn sold for $16,740,400 on October 8, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 13, 2026

Sold October 8, 2026 · New York, New York

Aerial view of 273 Meserole Avenue, Brooklyn with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale.

Sale price: $16,740,400
Sold: October 8, 2026
Property type: Warehouse
Building area: 14,600 sq ft
Price per sq ft: $1,147
Year built: 1931

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 8, 2026

Seller's estimated net sheet

273 Meserole Avenue, Brooklyn

Sale price	$16,740,400
Prorations
Property tax proration (refund to seller)	$200,540.82
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$66,962
NY State additional transfer tax (NYC non-residential $2M+)	$41,851.25
NYC real property transfer tax (commercial/other)	$439,435.50
Other costs
Wire / courier / payoff processing	$75
Total deductions	$550,073.75
Estimated net to seller	$16,390,867.07

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NetSheet.orgOctober 8, 2026

Buyer's estimated net sheet

273 Meserole Avenue, Brooklyn

Purchase price (cash)	$16,740,400
Title and settlement
Owner's title insurance policy	$55,552.71
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$200,540.82
Closing costs and prepaids	$258,593.53
Estimated cash to close	$16,998,993.53

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 1.65% of price ($276,217).
Title and settlement fees are typical estimates, not quotes.

Selling in Brooklyn?

New York City transfer tax and closing costs

A warehouse at 273 Meserole Avenue in Brooklyn sold for $16,740,400. The sale closed on October 8, 2026, according to city property records. The price is 4.4 times the market value of $3,834,000.

Tax records show the building has 14,600 square feet. It was built in 1931 and sits on a 1.03-acre lot. The price per square foot is $1,147.

The deed lists Modbros LLC as the seller. The buyer is Meserole Estates II LLC.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in New York City?

By our estimate, the seller's two largest charges, not counting prorations, were $439,435.50 for the nYC real property transfer tax (commercial/other) and $66,962 for the nY State real estate transfer tax. Who pays what follows New York City custom.

How much did the seller net?

By our estimate, the seller netted about $16,390,867. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $16,998,994 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

273 Meserole Avenue, Brooklyn, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026101900780001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.