Li Lan Wu Acquires Mixed-Use Property In Dyker Heights For $1.68M
699 86th Street, Brooklyn, New York 11228, United States
$1,680,000
$535/SF
Building Size
3,135 SF
Asset Type
Mixed-use
Closing
Dec 15, 2021
About this deal
AI
The mixed-use property located at 699 86th St. in Dyker Heights has recently been sold for a total price of $1,680,000. The property spans across 3,135 square feet and is situated in an area zoned as C4-2A. The transaction took place on December 15, 2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,680,000
- Address: 699 86th St.
- Market: Dyker Heights
- Zoning: C4-2A
In this deal, the buyer was Li Lan Wu and the seller was Gaspare Di Maggio. The transaction was facilitated by brokers Vito Angelo from Remax Real Estate Professionals and Billy Apter.
On the Map
$1,680,000
$535/SF
Mixed-use
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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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93