FCA Purchases 6000 SF Property At 210 Nostrand Ave Brooklyn For $1.3M With Eric Eckhardt As Buyer's Rep
210 Nostrand Ave, Brooklyn, NY, 11205
$1,300,000
$216/SF
Building Size
6,000 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in this transaction is located at 210 Nostrand Ave, Brooklyn, NY 11205, in the Brooklyn market. The sale price was $1,300,000.00 for a total square footage of 6000.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,300,000.00
- Address: 210 Nostrand Ave, Brooklyn, NY, 11205
- Market: Brooklyn
- Buyer: FCA
- Seller: Private Investor
- Buyer’s Representative: Eric Eckhardt-EXP Realty
This transaction involved FCA as the buyer and a Private Investor as the seller, with Eric Eckhardt from EXP Realty representing the buyer throughout the deal.
Players
Brooklyn 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93