Gabriel Eisen Acquires Mixed-Use Property On Vermont Street For $1.25M
642 Vermont St, Brooklyn, NY 11207, USA
$1,250,000
$228/SF
Building Size
5,475 SF
Asset Type
Mixed-use
Closing
Jun 17, 2019
AI
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
New York 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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93