Igor Shtarkman & Gabriella Shvartsberg Acquire Mixed-Use Property In Manhattan Beach For $1.96M
153 West End Avenue
$1,965,000
$415/SF
Building Size
4,725 SF
Asset Type
Mixed-use
Closing
May 17, 2024
AI
The mixed-use property located at 153 West End Avenue in Manhattan Beach, Brooklyn, was sold for $1,965,000. The asset spans 4,725 square feet, translating to a price per square foot of $416.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $1,965,000
- Buyer: Igor Shtarkman & Gabriella Shvartsberg
- Seller: Roman Khaves
- Buyer's Representative: Arsen Atbashyan - Commercial Acqisitions Inc.
- Seller's Representative: Vadim Atbashyan - Commercial Acqisitions Inc.
- Mortgage Broker: Alex Leykind - Equitas Capital Group
The deal involved key individuals such as Igor Shtarkman, Gabriella Shvartsberg, and Roman Khaves as the buyer and seller, respectively. The buyer's representative was Arsen Atbashyan from Commercial Acqisitions Inc., while the seller was represented by Vadim Atbashyan, also from Commercial Acqisitions Inc. The mortgage broker for this transaction was Alex Leykind from Equitas Capital Group.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.07%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93