Vahe & David Sahakyan Acquire Mixed-Use Property From Oleg Blinshteyn In Brooklyn For $1.67M
3061 Brighton 6th Street
$1,670,000
$432/SF
Building Size
3,862 SF
Asset Type
Mixed-use
Closing
Sep 22, 2024
AI
The property asset involved in the transaction is a mixed-use building located at 3061 Brighton 6th Street in Brooklyn. The property was sold for $1,670,000 and encompasses a total area of 3,862 square feet, with a price per square foot of $432.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,670,000
- Address: 3061 Brighton 6th Street
- Market: Brooklyn
- Square Footage: 3,862
- Price per Square Foot: $432
- Buyer: Vahe & David Sahakyan
- Seller: Oleg Blinshteyn
- Broker: Arsen Atbashyan - Commercial Acquisitions
Key individuals involved in the deal include the buyers, Vahe & David Sahakyan, and the seller, Oleg Blinshteyn. The transaction was facilitated by Arsen Atbashyan from Commercial Acquisitions, who represented the deal on behalf of the buyer and seller. The transaction took place on September 22, 2024.
Brooklyn 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
9.50%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93