Daniel Kaykov Acquires Development Site In Greenwood Heights, Brooklyn For $2.2M
194 30th Street, Greenwood Heights, Brooklyn, NY, USA
$2,200,000
$231/SF
Building Size
9,516 SF
Asset Type
Development Site
Closing
Dec 10, 2021
AI
A development site in Greenwood Heights, Brooklyn has been sold for $2,200,000. The property, located at 194 30th Street, offers a buildable square footage (BSF) of 9,516 with a price per buildable square footage (PPBSF) of $231. The transaction took place on December 10, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,200,000
- Built Square Footage: 9,516
- Price per Buildable Square Footage: $231
- Address: 194 30th Street, Greenwood Heights, Brooklyn
- Market: Greenwood Heights, Brooklyn
The buyer of the property is Daniel Kaykov, while the seller is Jose Barreto. The deal was facilitated by brokers Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Daniel Shawah, and Gabriel Kates from Bestreich Realty Group (BRG).
Players
New York 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93