Roger Liu Acquires Mixed-use Property At 1112 Avenue U Brooklyn For $1.03M
1112 Avenue U
$1,030,000
$526/SF
Building Size
1,958 SF
Asset Type
Mixed-use
Closing
Jan 12, 2016
About this deal
AI
The property asset involved in the transaction is a mixed-use building located at 1112 Avenue U in the Brooklyn market. The transaction was completed on 01/12/2016 for a total price of $1,030,000.00, encompassing a total square footage of 1,958.0.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,030,000.00
- Address: 1112 Avenue U
- Market: Brooklyn
- Square Footage: 1,958.0
- Buyer: Roger Liu
- Broker: Evmorfea Maria Savidis
This transaction highlights the involvement of Roger Liu as the buyer and Evmorfea Maria Savidis as the broker representing the seller. The deal showcases the engagement of key individuals pivotal to the successful completion of this transaction in the Brooklyn market.
On the Map
$1,030,000
$526/SF
Mixed-use
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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
15.40%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93