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114 Wilson Ave Brooklyn, NY...

Chananya Bineth Acquires Mixed-Use Property In Bushwick For $1.45M
SOLDMixed-use

Chananya Bineth Acquires Mixed-Use Property In Bushwick For $1.45M

114 Wilson Ave Brooklyn, NY 11237, USA

$1,450,000

$674/SF

Building Size

2,150 SF

Asset Type

Mixed-use

Closing

Jun 22, 2023

AI

A mixed-use property located at 114 Wilson Avenue in Bushwick has been sold for $1,450,000. The property spans 2,150 square feet and has a price per square foot of $674. The transaction took place on 06/22/2023.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,450,000
  • Address: 114 Wilson Avenue, Bushwick
  • Square Footage: 2,150
  • Price per Square Foot: $674

Chananya Bineth acquired the property from Silvia Marinache and Ty Tripoli. The transaction was facilitated by brokers DJ Johnston and Maria D'Angelo from B6 Real Estate Advisors.

Players

DJ Johnston

Matthews

Broker

$493.3M

vol

102 deals

Broker
Chananya Bineth

Chananya Bineth

Buyer

$5.2M

vol

2 deals

Buyer

New York 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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93