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
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