Yisroel Blackman Acquires Condo In Borough Park From 4921 12th Avenue, LLC For $6.8M With Rosewood Realty Group As The Broker
4917 12th Avenue, Brooklyn, New York 11219, United States
$6,800,000
$494/SF
Building Size
13,751 SF
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
The condo located at 4917 12th Avenue in Borough Park was recently sold in a closed transaction. The sale took place on September 16, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,800,000
- Square Footage: 13,751
- Price per Square Foot: $495
- Address: 4917 12th Avenue
- Market: Borough Park
The buyer of the property was Yisroel Blackman, and the seller was 4921 12th Avenue, LLC, represented by Mark Frankel. The sale was facilitated by Rosewood Realty Group.
The commercial sale at 4917 12th Avenue, Brooklyn, New York 11219, United States in New York, New York sold for $6.8M in 2022. The building is 13,751 square feet, implying about 494 per square foot on the published price. This page is the New York, New York file for the 4917 12th Avenue, Brooklyn, New York 11219, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same New York sit in the Market section below. Filter that New York commercial set by closing date to see what else sold near 4917 12th Avenue, Brooklyn, New York 11219, United States around 2022. Published consideration for 4917 12th Avenue, Brooklyn, New York 11219, United States is $6.8M, dated 2022. Cite this Yisroel Blackman Acquires Condo In Borough Park From 4921 12th Avenue, LLC For $6.8M With Rosewood Realty Group As The Broker sale when underwriting similar commercial product around New York, New York.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $494 per square foot on a published $6.8M for 13,751 square feet (2022).
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93