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1112 Avenue U

Roger Liu Acquires Mixed-use Property At 1112 Avenue U Brooklyn For $1.03M
SOLDMixed-use

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

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.

Players

Evmorfea Maria Savidis

Morsav, Inc.

Broker

$49.1M

vol

15 deals

Broker

Roger Liu

Buyer
Buyer

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