FCA Acquires Property At 447 Rogers Ave Brooklyn For $3.4M With Seller's Rep Erik Rodriguez
SOLD
$3,400,000
New York
See Similar DealsMixed-use6,840 SF
Sold
SOLD
FCA Acquires Property At 447 Rogers Ave Brooklyn For $3.4M With Seller's Rep Erik Rodriguez
447 Rogers Ave, Brooklyn, NY, 11225
See Similar DealsMixed-use6,840 SF
Sold
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$497
Total Square Footage:6840 SF
Transaction Type:Sale
The property located at 447 Rogers Ave, Brooklyn, NY, 11225, has been sold for $3,400,000.00. This asset encompasses 6,840 square feet and is situated within the Brooklyn market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $3,400,000.00
- Address: 447 Rogers Ave, Brooklyn, NY, 11225
- Market: Brooklyn
- Seller's Representative: Erik Rodriguez
- Buyer: FCA
In this transaction, Erik Rodriguez represented the seller, while FCA acted as the buyer. The deal highlights the involvement of these key individuals in the successful completion of the property sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
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