facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

296 Troutman Street

Ash Cap Management Acquires Mixed-Use Property In Bushwick For $1.65M
SOLDMixed-use

Ash Cap Management Acquires Mixed-Use Property In Bushwick For $1.65M

296 Troutman Street

$1,650,000

$386/SF

Building Size

4,275 SF

Asset Type

Mixed-use

Closing

Oct 14, 2022

AI

The mixed-use property located at 296 Troutman Street in Bushwick has been sold in a recent transaction. The property spans 4,275 square feet and sold for a price of $1,650,000, resulting in a price per square foot of $386.

Summary of transaction details:

  • Property Type: Mixed Use
  • Transaction Amount: $1,650,000
  • Square Footage: 4,275
  • Address: 296 Troutman Street
  • Market: Bushwick

The buyer of the property was Ash Cap Management, represented by Alon Ashourzadeh. On the other side, Jesse Jones acted as the seller in this transaction.

Players

Alon Ashourzadeh

Buyer

$9.7M

vol

4 deals

Buyer

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93