facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

6623 Fort Hamilton Parkway,...

Mike Angelopoulos Acquires Mixed-use Property In Dyker Heights, Brooklyn For $5.2M
SOLDMixed-use

Mike Angelopoulos Acquires Mixed-use Property In Dyker Heights, Brooklyn For $5.2M

6623 Fort Hamilton Parkway, Brooklyn, NY 11219

$5,200,000

$185/SF

Building Size

28,000 SF

Asset Type

Mixed-use

Closing

Oct 7, 2021

AI

A mixed-use property located at 6623 Fort Hamilton Parkway in Dyker Heights, Brooklyn has been sold for $5,200,000. The property spans 28,000 square feet, resulting in a price per square foot of $185. The transaction took place on October 7, 2021. The property is situated in the Dyker Heights market.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $5,200,000
  • Square Footage: 28,000
  • Price per Square Foot: $185
  • Address: 6623 Fort Hamilton Parkway
  • Market: Dyker Heights, Brooklyn

The buyer of the property is Mike Angelopoulos, while the seller is Paul Shinder. The deal was facilitated by the brokers John Barney and Greg Melanson from B6 Real Estate.

Players

Gregory Melanson

Weber Frank Real Estate

Broker

$91.1M

vol

19 deals

Broker
B6 Real Estate Advisors
B6 Real Estate AdvisorsBrokerage

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93