The Service Family Sells Mixed-Use Property In Flatbush For $1.04M With Erik Rodriguez - Rodriguez Commercial Realty
2307 Avenue D, Little Caribbean, Brooklyn, NY 11226, USA
$1,040,000
$132/SF
Building Size
7,834 SF
Asset Type
Mixed-use
Closing
Jul 2, 2020
About this deal
AI
The mixed-use property located at 2307 Avenue D in Flatbush has been sold for a total price of $1,040,000. The property spans a total area of 7,834 square feet, resulting in a price per square foot of $123. The sale took place on July 2, 2021, and the seller was The Service Family.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,040,000
- Market: Flatbush
- Address: 2307 Avenue D
- Tax Class: 2B
Erik Rodriguez from Rodriguez Commercial Realtyrepresented the seller in this transaction.
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Erik Rodriguez 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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93