Ben Rubin Acquires Mixed-Use Property In Bedford-Stuyvesant, Brooklyn
343A Tompkins Ave, Bedford-Stuyvesant, Brooklyn, NY, USA
$1,377,500
$459/SF
Building Size
3,000 SF
Asset Type
Mixed-use
Closing
May 19, 2020
AI
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.
Players
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
11.52%
Cash-on-Cash
-3.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93