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3061 Brighton 6th Street

Vahe & David Sahakyan Acquire Mixed-Use Property From Oleg Blinshteyn In Brooklyn For $1.67M
SOLDMixed-use

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.

Players

Arsen Atbashyan

Commercial Acquisitions

Broker

$124.8M

vol

52 deals

Broker

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