Albert Aranbayev Acquires Mixed-Use Property At 235 Malcolm X Boulevard Brooklyn For $3.2M
235 Malcolm X Boulevard
$3,200,000
$473/SF
Building Size
6,760 SF
Asset Type
Mixed-use
Closing
Apr 7, 2025
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 235 Malcolm X Boulevard in Brooklyn. The sale was completed for a total price of $3,200,000, encompassing a total area of 6,760 square feet, which results in a price per square foot of $473.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,200,000
- Address: 235 Malcolm X Boulevard
- Market: Brooklyn
- Square Footage: 6,760
- Price per Square Foot: $473
- Buyer: Albert Aranbayev
- Broker Representatives: Brian Whelan, Mitchel Flaherty, Stephen R. Preuss Sr., Kevin Schmitz & Jonathan Auerbach - Ripco
This transaction was facilitated by a team of brokers from Ripco, consisting of Brian Whelan, Mitchel Flaherty, Stephen R. Preuss Sr., Kevin Schmitz, and Jonathan Auerbach, representing the interests involved in the sale.
On the Map
$3,200,000
$473/SF
Mixed-use
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Players
Brooklyn 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93