376 Graham Realty Acquires Brooklyn Property From Vincent Maiello And Lucille De Cicco For $3.2M
376 Graham Ave, Brooklyn, NY, 11211
$3,200,000
$775/SF
Building Size
4,125 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 376 Graham Ave, Brooklyn, NY, 11211, within the Brooklyn market. This asset was sold for a price of $3,200,000.00 and comprises a total square footage of 4,125.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $3,200,000.00
- Address: 376 Graham Ave, Brooklyn, NY, 11211
- Market: Brooklyn
- Buyer: 376 Graham Realty
- Seller: Vincent Maiello, Lucille De Cicco
- Buyer's Representative: Matthew Steinberg
The key individuals involved in this transaction include the seller representatives Vincent Maiello and Lucille De Cicco, alongside the buyer's representative, Matthew Steinberg, who facilitated the process for 376 Graham Realty.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93