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Donatas Augylius Acquires Mixed Use Property In Sheepshead Bay For $975K

Property Image
SOLD
$975,000

New York

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Mixed-use1,841 SF
Sold 01/19/2021
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Property Image
SOLD

Donatas Augylius Acquires Mixed Use Property In Sheepshead Bay For $975K

3399 Shore Pkwy, Sheepshead Bay, Brooklyn, NY, USA

See Similar Deals
Mixed-use1,841 SF
Sold 01/19/2021
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$529
Total Square Footage:1,841 SF
Transaction Type:Sale

This mixed-use property located at 3399 Shore Pkwy in Sheepshead Bay has been sold for a price of $975,000. The property spans a total of 1,841 square feet, resulting in a price per square foot of $529.

Summary of transation details

  • Property Type: Mixed use
  • Transaction Amount: $975,000
  • Date: 01/19/2021
  • Address: 3399 Shore Pkwy
  • Market: Sheepshead Bay

The buyer of the property is Donatas Augylius, while the seller is Michael Zats. The deal was facilitated by the brokers Vadim Atbashyan and Maksim Torgov from CA Realty Inc.

This transaction was completed swiftly, with the property being secured within 48 hours of listing and closing in under 30 days. CA Realty Inc. can be contacted for any further real estate needs.

Players

Vadim Atbashyan
16 deals$46.5M volume
BROKER

Maksim (Max) Torgov
Commercial Acquisitions Realty
1 deal$975K volume
BROKER

Details

SOLD
IMAGE: Vadim Atbashyan, @Max_Torgov, @MZbushy DATE: 01/19/2021 ADDRESS: 3399 Shore Pkwy MARKET: Sheepshead Bay ASSET TYPE: Mixed use BUYER: Donatas Augylius SELLER: Michael Zats BROKERS: Vadim Atbashyan & Maksim Torgov @CARealtyInc PRICE: $975,000 SF: 1,841 ~ PPSF: $529 NOTE FROM BROKER: We are pleased to announce that this property was sold in record time to an end-user. With @Vadim1013 representing the seller @MZbushy, & @Max_Torgov representing the buyer, our team @CARealtyInc was able to get the building in contract within 48hrs from securing the listing. Closed in under 30 days! Please reach out to @CARealtyInc for any real estate needs.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,463.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,622.00
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