Julie Elizabeth Acquires Mixed-Use Property In Prospect Lefferts Garden For $1.5M
SOLD
$1,500,000
New York
See Similar DealsMixed-use4,050 SF
Sold
SOLD
Julie Elizabeth Acquires Mixed-Use Property In Prospect Lefferts Garden For $1.5M
731 Flatbush Avenue
See Similar DealsMixed-use4,050 SF
Sold
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$370
Total Square Footage:4050 SF
Transaction Type:Sale
The mixed-use property located at 731 Flatbush Avenue in Prospect Lefferts Garden has been sold in a recent transaction. The property spans 4,050 square feet and was sold for $1,500,000, resulting in a price per square foot of $370.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $1,500,000
- Square Footage: 4,050
The buyer of the property is Julie Elizabeth, while the seller is Jackson Hoo. The deal was facilitated by Erik Rodriguez of Rodriguez Commercial Realty, who represented both parties in the transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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