Serg Danvch Acquires Mixed-Use Property In Brighton Beach, Brooklyn For $1.9M
193 Neptune Avenue
$1,900,000
$395/SF
Building Size
4,800 SF
Asset Type
Mixed-use
Closing
Aug 8, 2022
About this deal
AI
This mixed-use asset is located at 193 Neptune Ave. in Brighton Beach, Brooklyn. It was sold for a price of $1,900,000 and encompasses a total area of 4,800 square feet, resulting in a price per square foot of $395.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,900,000
- Square Footage: 4,800
- Price per Square Foot: $395
- Buyer: Serg Danvch
- Seller: Chau Ying Lui
- Buyer’s Representative: Arsen Atbashyan - Commercial Acquisitions
- Date of Transaction: 08/08/2022
The transaction reflects the involvement of key individuals, including the buyer Serg Danvch and the seller Chau Ying Lui, with Arsen Atbashyan acting as the broker representing the buyer in this deal.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Arsen Atbashyan to view all their deals.
Browse New York mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93