facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

310 Tompkins Avenue, Brookl...

GD Capital Acquires Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $2.28M
SOLDMixed-use

GD Capital Acquires Mixed-Use Property In Bedford-Stuyvesant, Brooklyn For $2.28M

310 Tompkins Avenue, Brooklyn, New York 11216, United States

$2,285,000

$495/SF

Building Size

4,615 SF

Asset Type

Mixed-use

Closing

Jan 17, 2022

AI

The mixed-use property located at 310 Tompkins Ave in Bedford-Stuyvesant, Brooklyn, NY has been sold for a price of $2,285,000. The property, with a lot size of 1,559 square feet, features a total square footage of 4,615. The sale price per square foot is $495, and the previous sale of the property took place on 8/16/2018 for a price of $2,057,116. The property is zoned as R6A and C2-4, with a floor area ratio (FAR) of 2.96. The tax class of the property is 2A. The property has also undergone an alteration permit on 11/13/2013. The lot dimensions are 19.25 ft x 81 ft.

Summary of transaction details:

  • Property Type: Mixed use
  • Transaction Amount: $2,285,000
  • Market: Bedford-Stuyvesant, Brooklyn, NY
  • Buyer: GD Capital - Mark Guindi

The buyer in this transaction is GD Capital, represented by Mark Guindi. The property was sold by an unknown seller. The deal was finalized on 01/18/2022. Mark Guindi is a real estate professional associated with GD Capital. The transaction involved the transfer of ownership of the mixed-use property located at 310 Tompkins Ave.

Players

Mark Guindi

GD Capital

Buyer

$39.9M

vol

14 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

6.94%

Cash-on-Cash

-1.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93