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82 Wyckoff Avenue, Brooklyn...

Updated Oct 28, 2024

Kyyu Heung Pork Purchases Commercial Property On Wyckoff Avenue In Bushwick For $3.6M
SOLDCommercial

Kyyu Heung Pork Purchases Commercial Property On Wyckoff Avenue In Bushwick For $3.6M

82 Wyckoff Avenue, Brooklyn, New York 11237, United States

$3,600,000

$347/SF

Building Size

10,366 SF

Asset Type

Commercial

Closing

Feb 27, 2022

About this deal

AI

The commercial property located at 82 Wyckoff Avenue in Bushwick, Brooklyn has been sold in a recent transaction. The property is zoned as M1-1 and has a total building square footage (BSF) of 5,183. The price for the property was $3,600,000, resulting in a price per building square foot (PPBSF) of $694. The total lot size is 5,183 square feet, with dimensions of 103.67 ft x 50.01 ft.

Summary of transation details

  • Property Type: Commercial
  • Transaction Amount: $3,600,000
  • Market: Bushwick, Brooklyn
  • Zoning: M1-1
  • Lot Size: 5,183 square feet
  • Building Square Footage: 5,183
  • Price per Building Square Foot: $694
  • Tax Class: 4
  • FAR: 2.00
  • Permits: Alteration (06/17/2019)
  • Lot Dimensions: 103.67 ft x 50.01 ft

Kyyu Heung Pork acquired the property from Shunqian Liu. The deal was finalized on February 28, 2022. No additional information about the individuals or companies involved in the transaction is available.

Players

New York Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

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Deal FAQ

About $347 per square foot on a published $3.6M for 10,366 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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