Ceasar Salama, Izack Lati & Isaac Faur Of KSR Broker $5.4M Williamsburg Mixed-use Sale
SOLD
$5,400,000
New York
See Similar DealsMixed-use3,976 SF
Sold 04/16/2024
SOLD
Ceasar Salama, Izack Lati & Isaac Faur Of KSR Broker $5.4M Williamsburg Mixed-use Sale
147 Wythe Avenue
See Similar DealsMixed-use3,976 SF
Sold 04/16/2024
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,358
Total Square Footage:3,976 SF
Transaction Type:Sale
The mixed-use property located at 147 Wythe Avenue in Williamsburg was successfully sold for $5,400,000. Spanning 3,976 square feet, the property was sold at a price per square foot of $1,358.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $5,400,000
- Address: 147 Wythe Avenue
- Market: Williamsburg
- Seller: Avi Nachum
- Brokers: Ceasar Salama, Izack Lati & Isaac Faur - KSR
The deal was swiftly executed, from the initial tour to the closing, all completed in under 30 days. For similar opportunities or inquiries, interested parties can reach out to Isaac Faur via email at [email protected] or Izack Lati at [email protected]. Additionally, Izack Lati can be contacted by phone at 7184152841.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
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