Updated Oct 28, 2024
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
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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