Etan Fraiman Acquires Mixed-Use Property On Prospect Park West In Windsor Terrace
275 Prospect Park West, Windsor Terrace, Brooklyn, NY, USA
$2,350,000
$489/SF
Building Size
4,800 SF
Asset Type
Mixed-use
Closing
Dec 18, 2018
About this deal
AI
A mixed-use property located at 275 Prospect Park West in Windsor Terrace, Brooklyn, has recently been sold for a total price of $2,350,000. The property spans 4,800 square feet, resulting in a price per square foot of $489. The transaction took place on December 19, 2018.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,350,000
- Address: 275 Prospect Park West, Windsor Terrace, Brooklyn
- Market: Windsor Terrace, Brooklyn
The sellers of the property were Eran Epstein and Rany Epstein, while the buyer was Etan Fraiman. The deal was facilitated by brokers Jesse Kay, Jakub Nowak, and Matthew Rosenzweig from Marcus & Millichap.
Players
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
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93