Putnam Heights Acquires Brooklyn Property At 758 Putnam Ave For $1.2M With Seller's Rep Daniel Hakimian
SOLD
$1,200,000
New York
See Similar Deals2,565 SF
SOLD
Putnam Heights Acquires Brooklyn Property At 758 Putnam Ave For $1.2M With Seller's Rep Daniel Hakimian
758 Putnam Ave, Brooklyn, NY, 11221
See Similar Deals2,565 SF
Summary
NEW YORK
Price Per Square Foot:$467
Total Square Footage:2,565 SF
Transaction Type:Sale
The property located at 758 Putnam Ave, Brooklyn, NY, 11221 was sold for $1,200,000.00. This asset offers a total square footage of 2,565 and is situated in the Brooklyn market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,200,000.00
- Address: 758 Putnam Ave, Brooklyn, NY, 11221
- Square Footage: 2,565
- Market: Brooklyn
- Seller's Representative: Daniel Hakimian-HPNY
- Buyer: Putnam Heights
The transaction involved key individuals, notably the seller's representative Daniel Hakimian, who is affiliated with HPNY, and the buyer identified as Putnam Heights, highlighting the connection between the parties involved in this real estate exchange.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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