Exodus Capital Brokers Sell Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $1.9M
1468 Fulton Street
$1,900,000
$475/SF
Building Size
4,000 SF
Asset Type
Mixed-use
Closing
Oct 19, 2023
About this deal
AI
The mixed-use property located at 1468 Fulton Street in Bedford-Stuyvesant, Brooklyn has been sold for a total price of $1,900,000. The property spans 4,000 square feet, resulting in a price per square foot of $475.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,900,000
- Address: 1468 Fulton Street
- Market: Bedford-Stuyvesant, Brooklyn
The seller of the property is Desmond Lewis. The sale was facilitated by Haley Hasho, Justin Conway, and Joey Mohsen, who are brokers representing Exodus Capital.
On the Map
$1,900,000
$475/SF
Mixed-use
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Players
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93