Updated Dec 21, 2023
Yitzechok Fisch Acquires Commercial Property On Walworth Street In Brooklyn For $3.17M
9 Walworth Street, Brooklyn, New York 11205, United States
$3,170,000
$857/SF
Building Size
3,695 SF
Asset Type
Commercial
Closing
Mar 20, 2022
About this deal
AI
The commercial property located at 9 Walworth Street in Bedford-Stuyvesant, Brooklyn has been sold for $3,170,000. The property has a total of 8,120 square feet and a price per square foot of $390. It consists of 3,695 square feet and has a price per square foot of $857. The lot size is 4,060 square feet with dimensions of 92.33 feet by 39.92 feet. The property has a floor area ratio (FAR) of 0.91 and falls under tax class 4. It is zoned as M1-2.
Summary of transation details
- Property Type: Commercial
- Transaction Amount: $3,170,000
- Square Footage: 8,120 square feet
- Price per Square Foot: $390
- Address: 9 Walworth Street, Bedford-Stuyvesant, Brooklyn
- Market: Bedford-Stuyvesant, Brooklyn
The buyer of the property is Yitzechok Fisch and the seller is Jacob Wiznitzer.
Note: The property was previously sold on 06/01/2021 for $2,580,000.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93