Yossi Hackner Acquires Mixed-Use Property On Utica Avenue In Brooklyn For $1.05M
154 Utica Avenue, Brooklyn, NY, USA
$1,050,000
$349/SF
Building Size
3,006 SF
Asset Type
Mixed-use
Closing
Dec 7, 2020
AI
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.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93