Updated Jul 9, 2025
Yehuda Lisbon Acquires Development Site From Deborah Diaz In Brooklyn For $2.1M
365 Rutland Road
$2,100,000
$565/SF
Building Size
3,712 SF
Asset Type
Development Site
Closing
Jun 29, 2025
About this deal
AI
The property involved in this transaction is a development site located at 365 Rutland Road in Brooklyn. The sale price of the asset is $2,100,000, with a building square footage (BSF) of 8,800 and a price per building square foot (PPBSF) of $238. Additionally, the property has a total square footage (SF) of 3,712, equating to a price per square foot (PPSF) of $565.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,100,000
- Buyer: Yehuda Lisbon
- Seller: Deborah Diaz
- Broker: Maha Alaoui Hijazi - Landair Property Advisors
This transaction involved Yehuda Lisbon as the buyer and Deborah Diaz as the seller, with Maha Alaoui Hijazi representing the broker for this deal through Landair Property Advisors, facilitating the exchange. The transaction was concluded on June 30, 2025.
On the Map
$2,100,000
$565/SF
Development Site
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Players
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93