Updated Oct 29, 2024
1449 Fulton LLC Acquires Mixed Use Property In Brooklyn For $7.9M
1449 Fulton St #1457, Brooklyn, Ny 11216, Usa
Building Size
12,825 SF
Asset Type
Mixed-use
Closing
Jan 9, 2017
About this deal
AI
The property at 1449-1457 Fulton St in Brooklyn, New York, was sold on January 10, 2017. The mixed-use asset consists of a multi-family residential building with retail space.
Summary of transaction details
- Property Type: Mixed use - multi-family with retail
- Transaction Amount: $7,900,000
- Address: 1449-1457 Fulton St
- City: New York
- Market: Brooklyn
The seller of the property was 1449-1457 Fulton Street LLC, while the buyer was 1449 Fulton LLC.
Traded’s record for 1449 Fulton St #1457, Brooklyn, Ny 11216, Usa in Brooklyn, New Jersey covers a mixed use sale from 2017. The building is 12,825 square feet, implying about 0 per square foot on the published price. This page is the Brooklyn, New Jersey file for the 1449 Fulton St #1457, Brooklyn, Ny 11216, Usa mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn mixed use set by closing date to see what else sold near 1449 Fulton St #1457, Brooklyn, Ny 11216, Usa around 2017. Cite this 1449 Fulton LLC Acquires Mixed Use Property In Brooklyn For $7.9M sale when underwriting similar mixed use product around Brooklyn, New Jersey.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93