Marcus Millichap Brokers $1.65M Sale Of Brighton Beach Property To Yaakov Klein
3058 Brighton 3rd Street, Brooklyn, NY 11235, USA
$1,650,000
$405/SF
Building Size
4,073 SF
Asset Type
—
Closing
Feb 25, 2019
About this deal
AI
The property located at 3058-3062 Brighton 3rd St in Brighton Beach has been sold for $1.65 million. The sale price per square foot was $4,073. The transaction took place on February 26, 2019.
Summary of transaction details
- Property Type: Sale
- Sale Price: $1.65 million
- Price per Square Foot: $4,073
- Address: 3058-3062 Brighton 3rd St
- Market: Brighton Beach
The seller of the property was Rudolf Kats, while the buyer was Yaakov Klein. The deal was facilitated by brokers Jakub Nowak, Matthew Rosezweig, and Alex Svetlakou from Marcus Millichap.
On the Map
$1,650,000
$405/SF
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93