Oleg Krasnitskiy Purchases Mixed-Use Property At 2092 Coney Island Avenue For $1.3M
2092 Coney Island Avenue
$1,300,000
$290/SF
Building Size
4,470 SF
Asset Type
Mixed-use
Closing
Sep 20, 2024
AI
The property involved in this transaction is a mixed-use asset located at 2092 Coney Island Avenue in the Brooklyn market, encompassing a total square footage of 4,470. The sale price for this property was $1,300,000, translating to a price per square foot of $290.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,300,000
- Address: 2092 Coney Island Avenue
- Market: Brooklyn
- Square Footage: 4,470
- Price per Square Foot: $290
- Buyer: Oleg Krasnitskiy
- Seller: Mark Vaysman
- Brokers: Avraham Birnbaum & Reuben Lugassy - Twelve Stones Realty
In this transaction, Oleg Krasnitskiy acted as the buyer while Mark Vaysman served as the seller. The brokers facilitating the deal were Avraham Birnbaum and Reuben Lugassy from Twelve Stones Realty, representing the respective parties in the transaction.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93