facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Development Site

/

Sale

/

194 30th Street, Greenwood ...

Daniel Kaykov Acquires Development Site In Greenwood Heights, Brooklyn For $2.2M
SOLDDevelopment Site

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

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$602.2M

vol

141 deals

Broker
Gabriel Kates
Verified Badge

Gabriel Kates

Block Real Estate Group

Broker

$158.4M

vol

59 deals

Broker
Daniel Kaykov

Daniel Kaykov

Poise Property Group

Buyer

$52.7M

vol

8 deals

Buyer

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