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
About this deal
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.
On the Map
$4,250,000
$1,634/SF
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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