Joey Rishty Sells Commercial Building In Brooklyn To Local Investor For $3.8M
FINANCED
New York
See Similar DealsCommercial3,623 SF
Financed 12/11/2017
FINANCED
Joey Rishty Sells Commercial Building In Brooklyn To Local Investor For $3.8M
2211 86th Street, Brooklyn, NY 11214
See Similar DealsCommercial3,623 SF
Financed 12/11/2017
Summary
NEW YORK
Asset Type:Commercial
Price Per Square Foot:$1,048
Total Square Footage:3,623 SF
Transaction Type:Loan
Addressed at 2211 86th Street in Brooklyn, New York, a commercial building was recently sold for a price of $3,800,000. Spanning across 3,623 square feet, the property was purchased by a local investor. The transaction took place on December 11, 2017. CPP Roni Soleimani and Rex Qui were the brokers involved in the deal.
Summary of transaction details:
- Property Type: Commercial Building
- Transaction Amount: $3,800,000
- Address: 2211 86th Street, Brooklyn, New York
- Market: Brooklyn
The sale was facilitated by the seller, Joey Rishty. The buyer, a local investor, seized the opportunity to acquire the property through this transaction. Acting as representatives, CPP Roni Soleimani and Rex Qui successfully facilitated the deal as the brokers involved.
Players
BUYER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,800,000.00
Monthly NOI$25,333.33
Monthly Debt Service$24,018.58
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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