Comjem Associates Acquires Mixed-Use Property In Park Slope For $4.8M
SOLD
$4,800,000
New York
See Similar DealsMixed-use4,816 SF
Sold 08/03/2022
SOLD
Comjem Associates Acquires Mixed-Use Property In Park Slope For $4.8M
455 1st Street, Brooklyn, New York 11215, United States
See Similar DealsMixed-use4,816 SF
Sold 08/03/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$996
Total Square Footage:4,816 SF
Transaction Type:Sale
Located at 455 1st Street in the Park Slope market, this mixed-use property was recently sold. The transaction took place on August 3, 2022, with a sale price of $4,800,000. The property spans across 4,816 square feet, resulting in a price per square foot of $986.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,800,000
- Address: 455 1st Street, Park Slope
- Market: Park Slope
The buyer of this property is Comjem Associates, represented by their broker in the deal. On the other hand, Howard Pronsky and Rebecca Pronsky acted as the sellers. These key individuals played essential roles in the transaction, ensuring its successful completion.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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