A mixed-use building in Marine Park, Brooklyn, NY has been sold for a price of $1,180,000. The property, located at 3201 Quentin Road, spans 2,480 square feet and was sold on 04/09/2021. The sale was facilitated by Bergen Basin Realty and the financing for the transaction was arranged by Equitas Capital Group.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $1,180,000
• Square Footage: 2,480
• Address: 3201 Quentin Road
• Market: Marine Park, Brooklyn

The buyer of the property is Dr. Henry Sardar, and the brokers involved in the deal were Jason Sciulara, Lee Wasserman, and Doreen Alfano from Bergen Basin Realty. The mortgage broker who arranged the financing was Alex Leykind from Equitas Capital Group. The financing included 70% of the purchase price and was secured with in-place cashflow sub 1 DSCR.

If you are interested in financing or refinancing a commercial property or development, you can reach out to Equitas Capital Group at 646-637-7510.