Roman Babadzhanov Acquires Mixed-Use Property From Carlo Lopopolo In Brooklyn For $1.3M
314 Kings Highway
$1,300,000
$526/SF
Building Size
2,470 SF
Asset Type
Mixed-use
Closing
Jul 27, 2026
AI
The property involved in the transaction is a mixed-use asset located at 314 Kings Highway, Brooklyn, consisting of 2 residential and 1 commercial units. The sale price was $1,300,000, with a total square footage of 2,470 and a price per square foot of $526. The property comprises 3 units, resulting in a price per unit of $433,333.
Summary of transaction details:
- Property Type: Mixed-use (2 Residential & 1 Commercial)
- Transaction Amount: $1,300,000
- Address: 314 Kings Highway
- Market: Brooklyn
- Units: 3
- Price Per Unit: $433,333
- Square Footage: 2,470
- Price Per Square Foot: $526
- Buyer: Roman Babadzhanov
- Seller: Carlo Lopopolo
- Brokers: Vito Angelo & Billy Apter - Re/Max
Key individuals in this transaction include buyer Roman Babadzhanov and seller Carlo Lopopolo, along with brokers Vito Angelo and Billy Apter, who represented the sale through Re/Max. The transaction occurred on 07/27/2026, reflecting current market conditions and activities in Brooklyn.
Players
Brooklyn 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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93