Levi Krinsky Purchases Mixed-Use Property In Crown Heights, Brooklyn For $1.8M
SOLD
$1,825,000
New York
See Similar DealsMixed-use3,300 SF
Sold
SOLD
Levi Krinsky Purchases Mixed-Use Property In Crown Heights, Brooklyn For $1.8M
468 Albany Avenue, Crown Heights, Brooklyn, NY, USA
See Similar DealsMixed-use3,300 SF
Sold
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$553
Total Square Footage:3300 SF
Transaction Type:Sale
Located at 468 Albany Avenue in Crown Heights, Brooklyn, this recent closed transaction involved a mixed-use property. The property spans across 3,300 square feet and consists of 5 units.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,825,000
- Address: 468 Albany Avenue, Crown Heights, Brooklyn
Levi Krinsky acquired the property from Meir Junik. The deal was facilitated by brokers Jonathan Berman and Dov Chein of ArielPA.NYC. The purchase price for the property was $1,825,000, amounting to a per unit price of $365,000. The price per square foot (PPSF) was $553.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$97,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,483.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,651.43
Annual Debt Service$103,817.17
Is there something missing? Send suggestions