Sandy Pena Acquires Land In Brooklyn For $2.2M With Brokers Ripco
SOLD
$2,200,000
+ 2
New York
See Similar DealsLand9,694 SF
Sold 09/06/2023
SOLD
Sandy Pena Acquires Land In Brooklyn For $2.2M With Brokers Ripco
1796 Linden Blvd Brooklyn, NY 11207, USA
See Similar DealsLand9,694 SF
Sold 09/06/2023
+ 2
Summary
NEW YORK
Asset Type:Land
Price Per Square Foot:$226
Total Square Footage:9,694 SF
Transaction Type:Sale
A land located at 1796 Linden Boulevard in Brooklyn has been sold for $2,200,000. The property spans 9,694 square feet and has a price per square foot of $227. Additionally, it has a buildable square footage of 29,083 with a price per buildable square foot of $76.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $2,200,000
- Lot Square Footage: 9,694
- Price per Lot Square Foot: $227
- Buildable Square Footage: 29,083
- Price per Buildable Square Foot: $76
- Address: 1796 Linden Boulevard, Brooklyn
The buyer of this land is Sandy Pena, while the seller is the Argentina Family. The deal was facilitated by Stephen R. Preuss Sr., Kevin Schmitz, Robert Finnerty, Andreas Efthymiou, and Kevin Louie from Ripco, acting as the brokers in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
Is there something missing? Send suggestions