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314 Kings Highway

Roman Babadzhanov Acquires Mixed-Use Property From Carlo Lopopolo In Brooklyn For $1.3M
SOLDMixed-use

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:

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

Vito Angelo

Re/Max

Broker

$83.2M

vol

41 deals

Broker

Roman Babadzhanov

Buyer

$1.3M

vol

1 deal

Buyer

Carlo Lopopolo

Seller

$1.3M

vol

1 deal

Seller

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