Adam Fawer Acquires Mixed-Use Property In Park Slope For $3.55M
SOLD
$3,550,000
New York
See Similar DealsMixed-use4,615 SF
Sold
SOLD
Adam Fawer Acquires Mixed-Use Property In Park Slope For $3.55M
151 4th Avenue, New York City, New York 10003, United States
See Similar DealsMixed-use4,615 SF
Sold
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$769
Total Square Footage:4615 SF
Transaction Type:Sale
A mixed-use property located at 151 4th Avenue in Park Slope has been sold in a recent transaction. The property consists of four units with a total square footage of 4,615. The sale price for the property was $3,550,000, resulting in a price per unit of $887,500 and a price per square foot of $769.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,550,000
- Address: 151 4th Avenue
- Market: Park Slope
The buyer of the property is Adam Fawer, while the seller is Pedro Rodriguez.
No additional details regarding the transaction were provided.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$189,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73
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