Jeff Strisko Sells Mixed-Use Property At 6701 5th Avenue Brooklyn For $6.1M
6701 5th Avenue
$6,100,000
$331/SF
Building Size
18,400 SF
Asset Type
Mixed-use
Closing
Oct 3, 2017
AI
The property involved in this transaction is a mixed-use asset located at 6701 5th Avenue in the Brooklyn market. The transaction was completed for a total price of $6,100,000.00, encompassing a square footage of 18,400.0.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,100,000.00
- Address: 6701 5th Avenue
- Market: Brooklyn
- Square Footage: 18,400.0
- Seller: Jeff Strisko
The brokers representing the transaction are Evmorfea Maria Savidis and John Brennan, who facilitated the deal between the seller and the involved parties.
Players
Brooklyn 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93