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144 Bleecker St

Shimon Burech Kaufman And Lipa Kaufman Acquire Development Site In Brooklyn From Avi Singer For $3.85M
SOLDDevelopment Site

Shimon Burech Kaufman And Lipa Kaufman Acquire Development Site In Brooklyn From Avi Singer For $3.85M

144 Bleecker St

$3,850,000

Building Size

Asset Type

Development Site

Closing

Aug 7, 2018

AI

The asset involved in this transaction is a development site located at 144 Bleecker St in Brooklyn, with a sale price of $3,850,000.00.

Summary of transaction details:

The transaction took place on 08/07/2018. The buyers are represented by Shimon Burech Kaufman and Lipa Kaufman, while the brokers involved include Yosef Katz from Atlas Realty Group and Moshe Gelbstein from GFI Realty Services. Joseph Landau also played a role in this deal.

Players

Yosef Katz

Atlas Realty Group

Broker

$1.1B

vol

134 deals

Broker

Shimon Burech Kaufman

Buying Entity

Buyer
Buyer

Avi Singer

Selling Entity

Seller
Seller

Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.12%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93