National Safe Harbor Exchanges Acquires Property From Rupee Realty In Brooklyn For $4.33M
SOLD
$4,330,000
New York
See Similar Deals10,800 SF
SOLD
National Safe Harbor Exchanges Acquires Property From Rupee Realty In Brooklyn For $4.33M
7702 Flatlands Ave, Brooklyn, NY, 112...
See Similar Deals10,800 SF
Summary
NEW YORK
Price Per Square Foot:$400
Total Square Footage:10,800 SF
Transaction Type:Sale
The property asset involved in this transaction is located at 7702 Flatlands Ave, Brooklyn, NY. It was acquired for a price of $4,330,000.00 and encompasses a total square footage of 10,800. This transaction took place in the Brooklyn market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $4,330,000.00
- Address: 7702 Flatlands Ave, Brooklyn, NY, 112...
- Square Footage: 10,800
- Buyer: National Safe Harbor Exchanges
- Seller: Rupee Realty
- Buyer's Representative: Evan Street-Eastern Consolidated
This deal highlights the involvement of National Safe Harbor Exchanges as the buyer, and Rupee Realty as the seller, with Evan Street representing the buyer in this transaction. This collaboration facilitated the successful acquisition of the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$230,933.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,383.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,526.41
Annual Debt Service$246,316.91
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