Roee Wiczyk Sells Mixed-Use Property In Brooklyn For $4.2M With Denis Abayev - Commercial Acquisitions Inc
2325 Coney Island Avenue, Brooklyn, New York 11230, United States
$4,200,000
$576/SF
Building Size
7,290 SF
Asset Type
Mixed-use
Closing
Mar 14, 2022
About this deal
AI
Located at 2325-2337 Coney Island Avenue in Brooklyn, this mixed-use property was recently sold in a closed transaction. The property features a total square footage of 7,290, offering a diverse range of opportunities for its tenants. The sale price for this property was $4,200,000, resulting in a price per square foot of $576.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $4,200,000
- Square Footage: 7,290
- Price per Square Foot: $576
- Market: Brooklyn
Roee Wiczyk was the seller in this transaction, while Denis Abayev from Commercial Acquisitions Inc. served as the broker. Their expertise and negotiation skills were instrumental in the successful completion of this deal.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93