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Israel Goldstein Acquires Mixed-Use Property On Irving Avenue For $2.18M

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SOLD
$2,180,000

New York

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Mixed-use54,000 SF
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Property Image
SOLD

Israel Goldstein Acquires Mixed-Use Property On Irving Avenue For $2.18M

219 Irving Ave, Brooklyn, NY 11237, USA

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Mixed-use54,000 SF
Sold
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$40
Total Square Footage:54000 SF
Transaction Type:Sale

Located at 219 Irving Avenue in Bushwick, the mixed-use property was sold for a price of $2,180,000. Spanning a total area of 5,400 square feet, the property offers a variety of uses including 1 retail unit, 5 residential units, and 4 garages. The sale price per square foot was $501, and the transaction included a purchase price unit of $218,000.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $2,180,000
  • Address: 219 Irving Avenue
  • Market: Bushwick
  • Square Footage: 5,400
  • Price Per Square Foot: $501
  • Units: 1 Retail; 5 Residential; 4 Garages
  • Purchase Price Unit: $218,000

The sellers of the property were Gil Nye and Jay Yoo, while the buyer was Israel Goldstein. The transaction was facilitated by brokers from @TerraCRG, specifically Matt Cosentino, Fred Bijou, and Eddie Laboz.

Players

Eddie Laboz
7 deals$16.8M volume
BROKER

Fred Bijou
Bijou Equities
32 deals$94.2M volume(917) 626-8413
BROKER

Matthew (Matt) Cosentino
Terra CRG
81 deals$319M volume
BROKER

Details

SOLD
IMAGE: Matt Cosentino, Fred Bijou & Eddie Laboz DATE: 01/07/2020 ADDRESS: 219 Irving Avenue MARKET: Bushwick ASSET TYPE: Mixed-use SALE PRICE: $2,180,000 SF: 5,400 PPSF: $501 UNITS: 1 Retail; 5Residential; 4 Garages PPU: $218,000 SELLER: Gil Nye & Jay Yoo BUYER: Israel Goldstein BROKERS: @TerraCRG – Matt Cosentino, Fred Bijou, Eddie Laboz

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Debt Service Coverage Ratio (DSCR)

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