Oleg Makarenko & Volodymyr Dubovyi Acquire Mixed-Use Property In New York City For $1.75M
SOLD
$1,750,000
New York
See Similar DealsMixed-use3,800 SF
Sold 06/09/2023
SOLD
Oleg Makarenko & Volodymyr Dubovyi Acquire Mixed-Use Property In New York City For $1.75M
2747 Coney Island Ave Brooklyn, NY 11235, USA
See Similar DealsMixed-use3,800 SF
Sold 06/09/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$460
Total Square Footage:3,800 SF
Transaction Type:Sale
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
- Property Type: Mixed-Use
- Transaction Amount: $1,750,000
- Market: New York City
- Buyer: Oleg Makarenko & Volodymyr Dubovyi
- Seller: Val Kleyman
- Brokers: Arsen Atbashyan & Denis Abayev - Commercial Acquisitions
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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