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105 Wilson Ave Brooklyn, NY...

Ariel Property Advisors Brokers $5.1M Mixed-Use Sale In Bushwick
SOLDMixed-use

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

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.

Players

Victor Sozio

Ariel Property Advisors

Broker

$2.3B

vol

111 deals

Broker

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