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
About this deal
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.
On the Map
$1,430,000
$560/SF
Mixed-use
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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
11.09%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93