Alpha Realty Brokers Lev Mavashev & Eli Yusupov Secure $4.9M Package Deal Sale In Crown Heights
1308 Eastern Parkway, Brooklyn, New York 11233, United States
$4,875,000
$267/SF
Building Size
18,238 SF
Asset Type
—
Closing
Mar 3, 2022
AI
The sale of 1308 & 1314 Eastern Pkwy in Crown Heights has been completed. The package deal, facilitated by Lev Mavashev & Eli Yusupov of Alpha Realty, had a sale price of $4,875,000. The total square footage of the property is 18,238, resulting in a price per square foot of $267.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $4,875,000
- Address: 1308 & 1314 Eastern Pkwy
- Market: Crown Heights
Lev Mavashev and Eli Yusupov, from Alpha Realty, played a key role in representing the parties involved in the deal. Their expertise and negotiation skills ensured the successful completion of the transaction.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.25%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93