Meir Babaev Acquires Mixed-Use Property In Brooklyn For $9.75M
SOLD
+ 1
New York
See Similar DealsMixed-use1,979 SF
Sold
SOLD
Meir Babaev Acquires Mixed-Use Property In Brooklyn For $9.75M
267 Flatbush Ave, Brooklyn, NY 11217, USA
See Similar DealsMixed-use1,979 SF
Sold
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:1,979 SF
Transaction Type:Sale
267 Flatbush Avenue in Brooklyn has been sold in a closed transaction for $9,750,000. This mixed-use property has a price per square foot of $919 and a cap rate of 4.85%.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $9,750,000
- Price Per Square Foot: $919
- Cap Rate: 4.85%
The seller of this property is Ben Bernstein, representing Red Sky Capital. The buyer is Meir Babaev (@meirbabaev) and the transaction was facilitated by TerraCRG. The brokers involved in the deal are Adam Hess, Dan Marks, and Dan Lebor.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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