Yossi Hackner Acquires Mixed-Use Property On Utica Avenue In Brooklyn For $1.05M
SOLD
New York
See Similar DealsMixed-use3,006 SF
Sold 12/08/2020
SOLD
Yossi Hackner Acquires Mixed-Use Property On Utica Avenue In Brooklyn For $1.05M
154 Utica Avenue, Brooklyn, NY, USA
See Similar DealsMixed-use3,006 SF
Sold 12/08/2020
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$349
Total Square Footage:3,006 SF
Transaction Type:Sale
A mixed-use property located at 154 Utica Avenue in Brooklyn has been sold for $1,050,000. The property offers a total size of 3,006 square feet and is zoned for R6 and C2-3 use. The transaction took place on 12/08/2020 and was facilitated by Marcel Fridman from the Barcel Group on behalf of the seller, Robert Weil. The buyer, Yossi Hackner, acquired the property.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $1,050,000
- Square Feet: 3,006
- Market: Brooklyn
- Zoning: R6, C2-3
Marcel Fridman from the Barcel Group represented Robert Weil in the sale of the property. This transaction marks a significant increase from the last sale price of $849,000 in February 2015.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,730.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,977.54
Annual Debt Service$59,730.43
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