FCA Acquires Property At 1084 Decatur St Brooklyn For $1.7M With Jim McGuckin As Seller's Rep
1084 Decatur St, Brooklyn, NY, 11207
$1,700,000
$171/SF
Building Size
9,900 SF
Asset Type
Commercial
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 1084 Decatur St, Brooklyn, NY, 11207. It was sold for $1,700,000.00 and comprises a total square footage of 9,900. The transaction took place in the Brooklyn market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,700,000.00
- Square Footage: 9,900
- Address: 1084 Decatur St, Brooklyn, NY, 11207
- Market: Brooklyn
- Seller: FCA
- Buyer: FCA
- Seller's Representative: Jim McGuckin-Marcus & Millichap
The transaction involved the buyer and seller both identified as FCA, indicating an internal transaction. Jim McGuckin of Marcus & Millichap represented the seller in this deal.
Players
Brooklyn Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93