FCA Acquires Property At 1084 Decatur St Brooklyn For $1.7M With Jim McGuckin As Seller's Rep
SOLD
$1,700,000
New York
See Similar DealsCommercial9,900 SF
SOLD
FCA Acquires Property At 1084 Decatur St Brooklyn For $1.7M With Jim McGuckin As Seller's Rep
1084 Decatur St, Brooklyn, NY, 11207
See Similar DealsCommercial9,900 SF
Summary
NEW YORK
Asset Type:Commercial
Price Per Square Foot:$171
Total Square Footage:9,900 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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