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712A Greene Ave, Brooklyn, ...

Updated Sep 14, 2024

712A Greene Sells For $1.3M With Eric Eckhardt Of EXP Realty As Buyer's Rep
SOLD

712A Greene Sells For $1.3M With Eric Eckhardt Of EXP Realty As Buyer's Rep

712A Greene Ave, Brooklyn, NY, 11221

$1,300,000

$361/SF

Building Size

3,600 SF

Asset Type

Closing

Nov 19, 2023

About this deal

AI

The property involved in the transaction is located at 712A Greene Ave, Brooklyn, NY, 11221. It was sold for $1,300,000.00, with a total area of 3,600 square feet. This transaction took place within the Brooklyn market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $1,300,000.00
  • Address: 712A Greene Ave, Brooklyn, NY, 11221
  • Market: Brooklyn
  • Buyer: 712A Greene
  • Seller: Milciades Sanchez
  • Buyer’s Representative: Eric Eckhardt-EXP Realty

In this transaction, Eric Eckhardt represented the buyer, 712A Greene, while Milciades Sanchez was the seller. This deal underscores the activities within the Brooklyn real estate market and highlights the participation of EXP Realty in the transaction process.

Players

Eric Eckhardt

EXP Realty

Broker

$4.8M

vol

3 deals

Broker

Brooklyn CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $361 per square foot on a published $1.3M for 3,600 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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