Moshe Sander Acquires Mixed-Use Property In South Slope For $5.4M
187 20th Street
$5,400,000
$600,000/SF
Building Size
9 SF
Asset Type
Mixed-use
Closing
Jun 6, 2022
About this deal
AI
The mixed-use property located at 187 20th St. in the South Slope neighborhood has been sold for a total of $5,400,000. The transaction took place on 06/06/2022. The property spans a total of 9,716 square feet, resulting in a price per square foot of $555.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,400,000
- Date: 06/06/2022
- Address: 187 20th St.
- Market: South Slope
The buyer of the property is Moshe Sander and the seller is Jovanny Pena. Jacob Stavsky from Stav Equities LLC represented both parties as the broker in this transaction.
Brooklyn 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93