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673 Livonia Avenue

Jonathan Yunatanov & Gabi Katan Of REDA Group Acquire Industrial Property In East New York For $1.395M
SOLDIndustrial

Jonathan Yunatanov & Gabi Katan Of REDA Group Acquire Industrial Property In East New York For $1.395M

673 Livonia Avenue

$1,395,000

$168/SF

Building Size

8,300 SF

Asset Type

Industrial

Closing

Oct 23, 2025

AI

An industrial property located at 673 Livonia Avenue in the East New York market has been sold. The property encompasses a total of 8,300 square feet and was transacted at a price of $1,395,000, reflecting a price per square foot of $168.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,395,000
  • Square Footage: 8,300
  • Price Per Square Foot: $168
  • Address: 673 Livonia Avenue
  • Market: East New York
  • Buyer: Jonathan Yunatanov & Gabi Katan - REDA Group
  • Brokers: Michael A. Tortorici, Benjamin Vago, Esq. & Paul Monaco - Ariel Property Advisors

The transaction was facilitated by the brokerage team of Michael A. Tortorici, Benjamin Vago, Esq., and Paul Monaco, who represented the deal involving the buyers from REDA Group. This group of representatives played a pivotal role in finalizing the agreement for the property.

Players

Michael A. Tortorici

Ariel Property Advisors

Broker

$908.9M

vol

48 deals

Broker
Ariel Property Advisors
Ariel Property AdvisorsBrokerage
Gabi Katan

Gabi Katan

REDA Group

Buyer

$8.1M

vol

3 deals

Buyer

Brooklyn Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.37%

Cash-on-Cash

-3.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93