Carlton Beharry Acquires Mixed Use Property In Flatbush For $2.2M
SOLD
$2,200,000
New York
See Similar DealsMixed-use5,800 SF
Sold
SOLD
Carlton Beharry Acquires Mixed Use Property In Flatbush For $2.2M
1001 Flatbush Avenue, Brooklyn, NY 11226, USA
See Similar DealsMixed-use5,800 SF
Sold
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$379
Total Square Footage:5800 SF
Transaction Type:Sale
The sale of the mixed-use property located at 1001 Flatbush Ave in the Flatbush market has been completed. The transaction took place on April 18, 2019.
Summary of transaction details:
- Property Type: Mixed Use
- Sale Price: $2.2M
- Square Footage: 5,800
- Price per Square Foot: $379
- Gross Income: Delivered Vacant
- Market: Flatbush
The property was sold by Blank Property Group, represented by Sam Blank. The buyer, Carlton Beharry, has acquired the property. The deal was facilitated by Greg Corbin and Aaron Kline from Besen.
Players
SELLER
Details
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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
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