Ben Rubin Acquires Mixed-Use Property In Bedford-Stuyvesant, Brooklyn
SOLD
$1,377,500
+ 1
New York
See Similar DealsMixed-use3,000 SF
Sold
SOLD
Ben Rubin Acquires Mixed-Use Property In Bedford-Stuyvesant, Brooklyn
343A Tompkins Ave, Bedford-Stuyvesant, Brooklyn, NY, USA
See Similar DealsMixed-use3,000 SF
Sold
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$459
Total Square Footage:3000 SF
Transaction Type:Sale
A mixed-use property located at 343A Tompkins Ave in Bedford-Stuyvesant, Brooklyn was recently sold for a price of $1,377,500. The property spans a total area of 3,000 square feet, resulting in a price per square foot of $459. It consists of 3 units, with each unit valued at approximately $459,000.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,377,500
- Address: 343A Tompkins Ave, Bedford-Stuyvesant, Brooklyn
- Market: Bedford-Stuyvesant, Brooklyn
- Zoning: R6A, C2-4
The buyer in this transaction was Ben Rubin, and the seller was Arkadiy Nagorev. The deal was facilitated by brokers Jonathan Berman, Dov Chein, and Brendan Dal Col from ArielPA.NYC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$73,466.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,893.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,530.05
Annual Debt Service$78,360.63
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