Yakov Khavin Acquires Mixed-Use Property In Bath Beach, Brooklyn For $2.2M
1629 Bath Avenue
$2,200,000
$352/SF
Building Size
6,250 SF
Asset Type
Mixed-use
Closing
Dec 18, 2023
About this deal
AI
A mixed-use property located at 1629 Bath Avenue in Bath Beach, Brooklyn has been sold in a recent transaction. The property spans 6,250 square feet and was sold for a total price of $2,200,000, resulting in a price per square foot of $352. The sale took place on 12/18/2023.
Summary of transaction details:
- Property Type: Mixed-Use
- Sale Price: $2,200,000
- Square Footage: 6,250
- Price Per Square Foot: $352
- Address: 1629 Bath Avenue, Bath Beach, Brooklyn
The buyer of the property is Yakov Khavin, while the sellers are Nancy Cambria and George Cambria. The deal was facilitated by Arsen Atbashyan of Commercial Acquisitions Inc. as the broker representing both the buyer and the sellers.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Arsen Atbashyan to view all their deals.
Browse Brooklyn mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93