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:
- Property Type: Development Site
- Transaction Amount: $3,850,000.00
- Address: 144 Bleecker St
- Market: Brooklyn
- Seller: Avi Singer
- Buyer: Shimon Burech Kaufman and Lipa Kaufman
- Brokers: Yosef Katz (Atlas Realty Group), Joseph Landau, Moshe Gelbstein (GFI Realty Services)
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
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
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