Exodus Capital Brokers Sell Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $1.9M
SOLD
$1,900,000
New York
See Similar DealsMixed-use4,000 SF
Sold 10/19/2023
SOLD
Exodus Capital Brokers Sell Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $1.9M
1468 Fulton Street
See Similar DealsMixed-use4,000 SF
Sold 10/19/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$475
Total Square Footage:4,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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