Atlas Realty Group Partners Acquires Mixed-Use Property In Windsor Terrace For $2.32M
1235 Prospect Avenue, Brooklyn, New York 11218, United States
$2,325,000
$663/SF
Building Size
3,507 SF
Asset Type
Mixed-use
Closing
Feb 2, 2022
About this deal
AI
The mixed-use property located at 1235 Prospect in Windsor Terrace has been sold for $2,325,000. The property spans a total of 3,507 square feet, resulting in a price per square foot of $662. The transaction took place on 02/03/2022.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $2,325,000
- Address: 1235 Prospect
- Market: Windsor Terrace
The seller of the property was the Katz Family. Shlomo Antebi, Yosef Katz, and Erik Yankelovich, representing Atlas Realty Group Partners LLC, acted as the brokers for this deal.
Players
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
6.82%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93