Ariel Property Advisors Brokers $5.1M Mixed-Use Sale In Bushwick
105 Wilson Ave Brooklyn, NY 11237, USA
$5,100,000
$544/SF
Building Size
9,375 SF
Asset Type
Mixed-use
Closing
Aug 3, 2023
About this deal
AI
A mixed-use property located at 105 & 153 Wilson Avenue in Bushwick has been sold for a total price of $5,100,000. The property spans across 9,375 square feet, resulting in a price per square foot of $544. This transaction was handled by brokers Victor Sozio, Dov Chein, and Benjamin Vago of Ariel Property Advisors.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $5,100,000
- Property Size: 9,375 square feet
- Price per Square Foot: $544
- Address: 105 & 153 Wilson Avenue, Bushwick
Ariel Property Advisors, represented by Victor Sozio, Dov Chein, and Benjamin Vago, played a pivotal role in facilitating this transaction. The sale price of $5,100,000 demonstrates the value placed on this mixed-use property in the Bushwick market. The brokers' expertise and negotiation skills likely contributed to the successful completion of this deal, showcasing their ability to navigate the real estate landscape.
On the Map
$5,100,000
$544/SF
Mixed-use
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Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93