SOLD
Van Alen Institute Projects In Public Architecture Acquires 303 Bond St For $4.25M
303 Bond St, Brooklyn, NY, 11231
$4,250,000
$1,634/SF
Building Size
2,600 SF
Asset Type
—
Closing
Nov 22, 2023
AI
The property at 303 Bond St, Brooklyn, NY, 11231, was sold for $4,250,000.00. The property spans 2600 square feet and is located in Brooklyn.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $4,250,000.00
- Address: 303 Bond St, Brooklyn, NY, 11231
- Market: Brooklyn
- Seller's Rep: Zack Pintchik(Michael Pintchik)
- Buyer: Van Alen Institute Projects In Public Architecture
- Square Footage: 2600
The buyer in this transaction is Van Alen Institute Projects In Public Architecture, while the seller was represented by Zack Pintchik from Michael Pintchik's agency.
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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93