facebook
Traded Co logo
Submit

Approved Oil Acquires Mixed-Use Property In Park Slope, Brooklyn For $3M

Property Image
SOLD
$3,000,000
Adis Muminovic
Peter Von Der Ahe
Shaun Riney
+ 1

National

See Similar Deals
Sold 06/12/2020
the dealplayerscompscontact
Property Image
SOLD

Approved Oil Acquires Mixed-Use Property In Park Slope, Brooklyn For $3M

Sold 06/12/2020
Adis Muminovic
Peter Von Der Ahe
Shaun Riney
+ 1
the dealplayerscompscontact
Contact now

Summary

Transaction Type:Sale

Players

Adis Muminovic
Marcus & Millichap
Adis Muminovic
1 deal$3M volume(802) 375-4829
BROKER
Peter Von Der Ahe
Marcus & Millichap
Peter Von Der Ahe
110 deals$1.4B volume
BROKER
Shaun Riney
Marcus & Millichap
Shaun Riney
355 deals$1.8B volume(718) 475-4369
BROKER
Vincent Theurer
Vincent Theurer
5 deals$23.1M volume
BUYER

Details

SOLD
IMAGE: Peter Von Der Ahe, Shaun Riney, Adis Muminovic, Mark Zarrella DATE: 06/12/2020 ADDRESS: 70 7th Avenue MARKET: Park Slope, Brooklyn ASSET TYPE: Mixed-use SALE PRICE: $3,000,000 SF: 9,255 PPSF: $324 UNITS: 12 Apartments, 2 Stores CAP RATE 5.81% SELLER: Phyllis Giordano BUYER: Approved Oil – Vincent Theurer BROKERS: Peter Von Der Ahe, Shaun […]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37