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3317 Avenue I

Khamatov Family Purchases Mixed-Use Building From Hussain Family In Brooklyn For $1M
SOLDMixed-use

Khamatov Family Purchases Mixed-Use Building From Hussain Family In Brooklyn For $1M

3317 Avenue I

$1,000,000

$333/SF

Building Size

3,000 SF

Asset Type

Mixed-use

Closing

Oct 21, 2025

AI

The asset involved in this transaction is a mixed-use property located at 3317 Avenue I, Brooklyn, which features 2 apartments and 1 commercial unit. The sale price reached $1,000,000, with a total area of 3,000 square feet. The price per unit (PPU) was calculated at $333,333, while the price per square foot (PPSF) stood at $333.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,000,000
  • Buyer's Name: Khamatov Family
  • Seller's Name: Hussain Family
  • Brokers: Andre DiPasquale & Marcel Fridman - Barcel Group
  • Units: 3
  • Square Footage: 3,000
  • Price Per Unit: $333,333
  • Price Per Square Foot: $333

Representing the buyer, the Khamatov Family, are brokers Andre DiPasquale and Marcel Fridman from Barcel Group. The transaction took place on October 21, 2025, marking a successful deal between the involved parties.

Players

Marcel Fridman

Barcel Group

Broker

$451.5M

vol

141 deals

Broker
Barcel Group
Barcel GroupBrokerage

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93