Gabriel Eisen Acquires Mixed-Use Property On Vermont Street For $1.25M
SOLD
$1,250,000
New York
See Similar DealsMixed-use5,475 SF
Sold 06/18/2019
SOLD
Gabriel Eisen Acquires Mixed-Use Property On Vermont Street For $1.25M
642 Vermont St, Brooklyn, NY 11207, USA
See Similar DealsMixed-use5,475 SF
Sold 06/18/2019
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$228
Total Square Footage:5,475 SF
Transaction Type:Sale
The mixed-use property located at 642 Vermont Street in Brooklyn has been sold for $1,250,000. Spanning 5,475 square feet, the property was purchased at a price per square foot of $228. The transaction involved the following parties:
Summary of Transaction Details
- Property Type: Mixed-use
- Transaction Amount: $1,250,000
- Address: 642 Vermont Street, Brooklyn
- Market: Brooklyn
- Square Footage: 5,475
- Price Per Square Foot: $228
The seller of the property was Gershon Eichorn, represented by Up Realty. The buyer was Gabriel Eisen, represented by F&G Real Estate. The transaction was facilitated by Lev Mavashev from Alpha Realty.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65
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