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3399 Shore Pkwy, Sheepshead...

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

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

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

$975,000

$529/SF

Building Size

1,841 SF

Asset Type

Mixed-use

Closing

Jan 18, 2021

AI

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

Commercial Acquisitions Realty

Broker

$49.8M

vol

18 deals

Broker

New York 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

16.27%

Cash-on-Cash

-4.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93