Commercial Acquisitions Sells Mixed-Use Property In Brighton Beach, Brooklyn For $2.25M
191 Neptune Avenue
$2,250,000
$468/SF
Building Size
4,800 SF
Asset Type
Mixed-use
Closing
Jul 26, 2022
About this deal
AI
The mixed-use property located at 191 Neptune Ave. in Brighton Beach, Brooklyn has been sold for $2,250,000. The property spans approximately 4,800 square feet, resulting in a price per square foot of $468.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $2,250,000
- Square Footage: 4,800
- Price Per Square Foot: $468
- Address: 191 Neptune Ave.
- Market: Brighton Beach, Brooklyn
Serg Danvch acted as the seller in this transaction. The deal was facilitated by Arsen Atbashyan from Commercial Acquisitions.
The mixed use sale at 191 Neptune Avenue in New York, New York sold for $2.3M in 2022. The building is 4,800 square feet, implying about 468 per square foot on the published price. Arsen Atbashyan, Serg Danvch, Commercial Acquisitions appear on the sale alongside Commercial Acquisitions. This page is the New York, New York file for the 191 Neptune Avenue mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 191 Neptune Avenue around 2022. Published consideration for 191 Neptune Avenue is $2.3M, dated 2022. Cite this Commercial Acquisitions Sells Mixed-Use Property In Brighton Beach, Brooklyn For $2.25M sale when underwriting similar mixed use product around New York, New York.
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93