Shaun Lynda Acquires Mixed-use Property In East Flatbush For $1.35M
SOLD
$1,350,000
New York
See Similar DealsMixed-use3,540 SF
Sold 06/01/2022
SOLD
Shaun Lynda Acquires Mixed-use Property In East Flatbush For $1.35M
4714 Church Avenue, Brooklyn, New York 11203, United States
See Similar DealsMixed-use3,540 SF
Sold 06/01/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$381
Total Square Footage:3,540 SF
Transaction Type:Sale
Located at 4714 Church Ave in East Flatbush, this mixed-use property was recently sold in a transaction on 06/01/2022. The property spans 3,540 square feet and is characterized by its versatile use.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,350,000
- SF: 3,540
- PPSF: $381
- Address: 4714 Church Ave
- Market: East Flatbush
The buyer of the property is Shaun Lynda, while Elias Taeid acted as the seller. The deal was facilitated by Michael Murphy and Jermaine Pugh from B6 Real Estate Advisors.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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