Ezra Glaser Acquires Windsor Terrace Mixed-use Property For $2.15M
3021 Fort Hamilton Pkwy, Brooklyn, NY 11218, USA
Building Size
39,630 SF
Asset Type
Mixed-use
Closing
Jun 2, 2020
About this deal
AI
A mixed-use property located at 3021 Fort Hamilton Parkway in Windsor Terrace, Brooklyn has been sold for a total price of $2,150,000. The property spans 3,963 square feet and has a price per square foot of $543. It consists of 6 units, with each unit having a price per unit of $358,333. The sale was completed on June 3, 2020.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $2,150,000
- Square Footage: 3,963
- Price per Square Foot: $543
- Units: 6
- Price per Unit: $358,333
Richard Prins was the seller of the property, while Ezra Glaser was the buyer. Adam Lobel and Gigi Morally from Bestreich Realty Group represented both parties as brokers in the deal.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93