Updated Sep 5, 2024
Vahe Sahakyan Acquires Development Site On Brighton 6th Street In Brooklyn For $1.8M
3063-3065 Brighton 6th Street
$1,825,000
$365/SF
Building Size
5,000 SF
Asset Type
Development Site
Closing
Apr 19, 2023
About this deal
AI
A development site located at 3063-3065 Brighton 6th Street in Brooklyn has been sold. The property spans 5,000 square feet and was sold for a price of $1,825,000, resulting in a price per square foot of $365.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,825,000
- Square Footage: 5,000
- Price per Square Foot: $365
- Address: 3063-3065 Brighton 6th Street, Brooklyn
The buyer of the property is Vahe Sahakyan, while the seller is Eduard Zubok. The deal was facilitated by Arsen Atbashyan from Commercial Acquisitions.
New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Arsen Atbashyan to view all their deals.
Browse New York development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.69%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93