HSA Finest Group & Finest Holding Group Acquires Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $5.9M
932 Broadway St, Indianapolis, IN 46202, USA
$5,900,000
$4,587/SF
Building Size
1,286 SF
Asset Type
Mixed-use
Closing
Feb 20, 2020
About this deal
AI
Located at 932 Broadway in Bedford-Stuyvesant, Brooklyn, this mixed-use property recently changed hands in a closed transaction. The property consists of a total of 12,861 square feet and is valued at $5,900,000. With a price per square foot of $458, this property offers a versatile space for both residential and commercial use. The transaction involved the sale of 8 units, with each unit being sold at an average price of $737,500.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $5,900,000
- Square Footage: 12,861
- Price Per Square Foot: $458
- Address: 932 Broadway
- Market: Bedford-Stuyvesant, Brooklyn
The seller of the property was Anna H Blanco, while HSA Finest Group and Finest Holding Group acted as the buyers in this transaction. The deal was successfully completed by their representatives, Adeeb Saeidi, Akaram Alsaidi, Hafedh Alsaidi, and Gamal Alsaidi.
Players
Indianapolis Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93