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2747 Coney Island Ave Brook...

Oleg Makarenko & Volodymyr Dubovyi Acquire Mixed-Use Property In New York City For $1.75M
SOLDMixed-use

Oleg Makarenko & Volodymyr Dubovyi Acquire Mixed-Use Property In New York City For $1.75M

2747 Coney Island Ave Brooklyn, NY 11235, USA

$1,750,000

$460/SF

Building Size

3,800 SF

Asset Type

Mixed-use

Closing

Jun 9, 2023

AI

The mixed-use property located at 2747 Coney Island Avenue in New York City has been sold in a recent transaction. The property spans approximately 3,800 square feet and was sold for a total price of $1,750,000, resulting in a price per square foot of $461.

Summary of transaction details

Oleg Makarenko and Volodymyr Dubovyi have acquired the property from Val Kleyman. The transaction was facilitated by Arsen Atbashyan and Denis Abayev from Commercial Acquisitions.

Players

Arsen Atbashyan

Commercial Acquisitions

Broker

$124.8M

vol

52 deals

Broker

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

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93