Doron Leiby And Karine Moore Purchase Mixed-Use Property From Chezky Parness For $1.615M
SOLD
$1,615,000
New York
See Similar DealsMixed-use2,720 SF
Sold 12/18/2018
SOLD
Doron Leiby And Karine Moore Purchase Mixed-Use Property From Chezky Parness For $1.615M
1070 Cypress Ave
See Similar DealsMixed-use2,720 SF
Sold 12/18/2018
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$593
Total Square Footage:2,720 SF
Transaction Type:Sale
The property at 1070 Cypress Ave is a mixed-use asset located in the Ridgewood market. The transaction for this property concluded at a price of $1,615,000.00, encompassing a total square footage of 2,720.0.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,615,000.00
- Address: 1070 Cypress Ave
- Market: Ridgewood
- Square Footage: 2,720.0
- Buyer: Doron Leiby and Karine Moore
- Seller: Chezky Parness
- Brokers: Yani Simantov, Kobi Zamir (GFI Realty Services)
The transaction involved the buyers Doron Leiby and Karine Moore, who acquired the property from seller Chezky Parness. The brokerage services were provided by Yani Simantov and Kobi Zamir from GFI Realty Services, representing the buyers in the real estate deal.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$86,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,737.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,655.92
Annual Debt Service$91,871.09
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