Zack Blitz Purchases Mixed-Use Property At 1518 Bergen Street Brooklyn For $1.1M With Daniel Barcelowsky As The Broker
SOLD
$1,100,000
New York
See Similar DealsMixed-use3,572 SF
Sold
SOLD
Zack Blitz Purchases Mixed-Use Property At 1518 Bergen Street Brooklyn For $1.1M With Daniel Barcelowsky As The Broker
1518 Bergen Street
See Similar DealsMixed-use3,572 SF
Sold
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$308
Total Square Footage:3572 SF
Transaction Type:Sale
The mixed-use property located at 1518 Bergen Street in Brooklyn features a total of 3,572 square feet and consists of 3 units. This property was sold for $1,100,000, reflecting a price per unit of $366,666 and a price per square foot of $307.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,100,000
- Buyer: Zack Blitz
- Seller: Daniel Gabay
- Broker: Daniel Barcelowsky - Evergreen Realty & Investments
Daniel Gabay represented the seller in this transaction, while Daniel Barcelowsky acted as the broker through Evergreen Realty & Investments, facilitating the deal on behalf of the buyer and seller.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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