facebook
Traded Co logo
Submit

Larchemont Capital Acquires Mixed-Use Property On Flatbush Avenue For $3.45M

Property Image
SOLD

National

See Similar Deals
Mixed-use90,720 SF
Sold 06/19/2018
the dealplayerscompscontact
Property Image
SOLD

Larchemont Capital Acquires Mixed-Use Property On Flatbush Avenue For $3.45M

1310 Flatbush Ave #1312, Brooklyn, NY 11210, USA

See Similar Deals
Mixed-use90,720 SF
Sold 06/19/2018
Contact now

Summary

Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:90,720 SF
Transaction Type:Sale

The mixed-use property located at 1310-1312 Flatbush Avenue in Brooklyn has been sold in a closed transaction. The property comprises a total of 9,072 square feet and consists of 10 units. The transaction took place in the Flatbush market.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $3,450,000
  • Price per Unit: $345,000
  • Capitalization Rate: 5.8%

The seller of the property was Aulder Capital, and the buyer was Larchemont Capital. The transaction was facilitated by brokers Shaun Riney, Mark Zarrella, and Daniel Greenblatt.

Players

Daniel Greenblatt
69 deals$263.4M volume
BROKER

Mark Zarrella
Marcus & Millichap
38 deals$262.2M volume(718) 475-4376
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER

Aulder Capital
SELLER

Details

SOLD
IMAGE: Mark Zarrella (@MarkZarrella), Shaun Riney (@ShaunRiney) and Daniel Greenblatt DATE: 06/19/2018 ADDRESS: 1310-1312 Flatbush Avenue CITY: Brooklyn MARKET: Flatbush ASSET TYPE: Mixed-Use PRICE: $3,450,000 TOTAL SF: 9,072 PF: $380 UNITS: 10 PPU:$345,000 CAP: 5.8% SELLER: Aulder Capital BUYER: Larchemont Capital BROKERS: Shaun Riney, Mark Zarella, Daniel Greenblatt

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)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00