FCA Acquires Property At 447 Rogers Ave Brooklyn For $3.4M With Seller's Rep Erik Rodriguez
447 Rogers Ave, Brooklyn, NY, 11225
$3,400,000
$497/SF
Building Size
6,840 SF
Asset Type
Mixed-use
Closing
Jul 7, 2020
AI
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.
Players
Brooklyn 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93