Updated Dec 22, 2023
Anshel Fridman Acquires Industrial Property In Flatbush, Brooklyn For $4.5M
880 Rogers Avenue, Brooklyn, New York 11226, United States
$4,500,000
$1,250/SF
Building Size
3,600 SF
Asset Type
Industrial
Closing
Dec 22, 2021
About this deal
AI
An industrial property located at 880 Rogers Avenue & 2601 Snyder Avenue in Flatbush, Brooklyn has been sold in a recent transaction. The property has a lot size of 3,600 square feet and features a FAR of 1.00. The sale price for the property was $4,500,000, with a price per square foot of $1,250. The total building square footage is 19,651, resulting in a price per building square foot of $228. The property is classified under tax class 4. The sale took place on December 23, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Address: 880 Rogers Avenue & 2601 Snyder Avenue, Flatbush, Brooklyn
- Market: Flatbush, Brooklyn
- Buyer: Anshel Fridman
- Seller: Vibert McEwen
The buyer, Anshel Fridman, acquired the property from the seller, Vibert McEwen. The property underwent an alteration permit on November 1, 2021. The lot dimensions measure 39.58 feet by 92 feet.
On the Map
$4,500,000
$1,250/SF
Industrial
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Players
New York 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93