Chananya Bineth Acquires Mixed-Use Property In Bushwick For $1.45M
SOLD
$1,450,000
New York
See Similar DealsMixed-use2,150 SF
Sold 06/22/2023
SOLD
Chananya Bineth Acquires Mixed-Use Property In Bushwick For $1.45M
114 Wilson Ave Brooklyn, NY 11237, USA
See Similar DealsMixed-use2,150 SF
Sold 06/22/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$674
Total Square Footage:2,150 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,151.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,873.74
Annual Debt Service$82,484.88
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