Four Corners Development Group Acquires Retail Condo In Brooklyn For $3.31M
SOLD
New York
See Similar Deals171,600 SF
Sold 04/23/2018
SOLD
Four Corners Development Group Acquires Retail Condo In Brooklyn For $3.31M
2317 Newkirk Ave, Brooklyn, NY 11226, USA & 2317 Newkirk Ave, Brooklyn, NY 11226, USA
See Similar Deals171,600 SF
Sold 04/23/2018
Summary
NEW YORK
Price Per Square Foot:$0
Total Square Footage:171,600 SF
Transaction Type:Sale
A retail condo located at 2317 Newkirk Avenue in Brooklyn, New York, was recently sold for a price of $3,310,000. The property spans approximately 15,600 square feet and was sold at a rate of $212 per square foot.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $3,310,000
- Square Footage: 15,600 sf
- Price per Square Foot: $212
The seller of the retail condo was Selective Realty Management, represented by Steven Williams. The buyer, Four Corners Development Group, was represented by Jason Wisotsky. The deal was facilitated by Adam Sprung and Jason Goldy of Meridian Investment Sales.
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30 years
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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
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