facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

258 Dekalb Ave, Brooklyn, N...

Ami Ariel Acquires Mixed-Use Property In Clinton Hill For $1.43M
SOLDMixed-use

Ami Ariel Acquires Mixed-Use Property In Clinton Hill For $1.43M

258 Dekalb Ave, Brooklyn, NY 11205, USA

$1,430,000

$560/SF

Building Size

2,550 SF

Asset Type

Mixed-use

Closing

Jun 26, 2019

AI

The mixed-use property located at 258 Dekalb Avenue in Clinton Hill has been sold in a closed transaction. The property spans across 2,550 square feet and was sold for a sale price of $1,430,000, which equates to a price per square foot of $560. The seller of the property was James Am Oh, while the buyer was Ami Ariel - G-Way. The deal was facilitated by the brokers Michael Murphy, DJ Johnston, and William Cheng from B6 Real Estate Advisors.

Summary of transaction details:

  • Property Type: Mixed-use
  • Asking Price: $1,900,000
  • Sale Price: $1,430,000
  • Square Feet: 2,550
  • Price per Square Foot: $560

The individuals involved in the transaction were James Am Oh as the seller and Ami Ariel - G-Way as the buyer. The brokers from B6 Real Estate Advisors, namely Michael Murphy, DJ Johnston, and William Cheng, represented the parties in the deal.

Players

DJ Johnston

Matthews

Broker

$493.3M

vol

102 deals

Broker

Ami Ariel

G-Way

Buyer

$54.5M

vol

8 deals

Buyer

New York 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

11.09%

Cash-on-Cash

-3.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93