Updated Dec 21, 2023
Zak Peysak Acquires Retail Property In Manhattan Beach For $4M
101 Oriental Boulevard, Brooklyn, New York 11235, United States
$4,000,000
$591/SF
Building Size
6,758 SF
Asset Type
Commercial
Closing
Apr 12, 2022
About this deal
AI
Located at 101 Oriental Boulevard in Manhattan Beach, this retail property has been sold in a recent transaction. The property spans a total area of 6,728 square feet and was purchased for a price of $4,000,000, resulting in a price per square foot of $594.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,000,000
- Units: 2
- Price per Unit: $2,000,000
- Square Footage: 6,728
- Price per Square Foot: $594
- Address: 101 Oriental Boulevard, Manhattan Beach
Zak Peysak has acquired the property from Angelo Carlino in this transaction.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93