Sheila Carroll Trust Sells Package Deal In Brighton Beach, Brooklyn For $3.8M
289 Brighton Beach Avenue, Brooklyn, New York 11235, United States
$3,775,000
$629/SF
Building Size
6,000 SF
Asset Type
—
Closing
Apr 11, 2022
AI
The package deal located at 289-291 Brighton Beach Ave in Brighton Beach, Brooklyn has been sold for a total of $3,775,000. The property measures 6,000 square feet, resulting in a price per square foot of $629. The seller of this transaction was the Sheila Carroll Trust.
Summary of transation details
- Property Type: Package Deal
- Transaction Amount: $3,775,000
- Address: 289-291 Brighton Beach Ave.
- Market: Brighton Beach, Brooklyn
- Square Footage: 6,000
- Price per Square Foot: $629
Evmorfea Maria Savidis, representing Morsav Inc., acted as the broker for this sale.
Players
New York CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.20%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93