Johnny Din & Jake Kolb Acquire Mixed Use Property In Williamsburg For $2.7M
407 Graham Avenue, Brooklyn, New York 11211, United States
$2,675,000
$764/SF
Building Size
3,500 SF
Asset Type
Mixed-use
Closing
Oct 10, 2022
About this deal
AI
A mixed-use property located at 407 Graham Avenue in Williamsburg was recently sold for $2,675,000. The property spans across 3,500 square feet and has a price per square foot of $764. The sale took place on 10/11/2022.
Summary of transation details
- Property Type: Mixed Use
- Transaction Amount: $2,675,000
- Address: 407 Graham Avenue
- Market: Williamsburg
- Buyer: Johnny Din & Jake Kolb
- Seller: Vecchio Family
- Broker: Michael Sherman - Baseline Real Estate Advisors
Johnny Din and Jake Kolb were the buyers of the property, while the Vecchio Family served as the sellers. The deal was facilitated by Michael Sherman from Baseline Real Estate Advisors.
On the Map
$2,675,000
$764/SF
Mixed-use
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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
5.93%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93