Eckstein Family Acquires 4,500 SF Property In Brooklyn For $1.55M
SOLD
$1,550,000
New York
See Similar DealsMixed-use4,500 SF
Sold 03/04/2019
SOLD
Eckstein Family Acquires 4,500 SF Property In Brooklyn For $1.55M
264 Wyckoff Ave, Brooklyn, NY, USA
See Similar DealsMixed-use4,500 SF
Sold 03/04/2019
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$344
Total Square Footage:4,500 SF
Transaction Type:Sale
The property at 264 Wyckoff Ave in Brooklyn (BK) was recently sold in a transaction that took place on March 4, 2019. The sale was facilitated by Daniel Barcelowsky of EVRG Realty.
Summary of transaction details
- Property Type: Sale
- Transaction Amount: $1.55M
- Address: 264 Wyckoff Ave
- Market: BK
The buyer of the property is the Eckstein Family, while the seller is the Figuaroa Family Trust.
The property spans approximately 4,500 square feet with a price per square foot of $344.
Note: The image associated with this transaction can be found on Daniel Barcelowsky's Instagram account.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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