facebook
Traded Co logo
Submit

Nick Dragonetti Acquires Mixed-Use Property In Bedstuy-Stuyvesant For $1.65M

Property Image
SOLD
$1,650,000
Tom Reynolds
Steve Reynolds
Brian Davila
+ 2

New York

See Similar Deals
Mixed-use55,480 SF
Sold 01/29/2020
the dealplayerscompscontact
Property Image
SOLD

Nick Dragonetti Acquires Mixed-Use Property In Bedstuy-Stuyvesant For $1.65M

732 Greene Ave, Brooklyn, NY 11221, USA

See Similar Deals
Mixed-use55,480 SF
Sold 01/29/2020
Tom Reynolds
Steve Reynolds
Brian Davila
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$29
Total Square Footage:55,480 SF
Transaction Type:Sale

A mixed-use property located at 732 Greene Avenue in Bedstuy-Stuyvesant, Brooklyn has been sold for $1,650,000. The property spans a total of 5,548 square feet with a price per square foot of $397. It consists of six apartments and one store, totaling seven units. The sale price per unit stands at $235,714.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,650,000
  • Address: 732 Greene Avenue
  • Market: Bedstuy-Stuyvesant, Brooklyn
  • Square Footage: 5,548
  • Price Per Square Foot: $397
  • Units: 7 (6 Apartments & 1 Store)
  • Price Per Unit: $235,714

The seller of the property was Mayer Kohn, while the buyer was Nick Dragonetti. The transaction was facilitated by the brokers representing @brg_cre, including Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Davila.

Players

Brian Davila
Investment Property Realty Group (IPRG)
Brian Davila
108 deals$283.4M volume(718) 360-8849
BROKER
Derek Bestreich
Investment Property Realty Group (IPRG)
Derek Bestreich
312 deals$1.1B volume(718) 360-8802
BROKER
Tom Reynolds
Investment Property Realty Group (IPRG)
Tom Reynolds
98 deals$292.3M volume(718) 360-8817
BROKER
Steve Reynolds
Investment Property Realty Group (IPRG)
Steve Reynolds
133 deals$364.4M volume(718) 360-8807
BROKER
MK
Mayer Kohn
2 deals$6.1M volume
SELLER

Details

SOLD
IMAGE: Brian Davila, Derek Bestreich, Steve Reynolds & Tom Reynolds DATE: 01/29/2020 ADDRESS: 732 Greene Avenue MARKET: Bedstuy-Stuyvesant, Brooklyn ASSET TYPE: Mixed-use SALE PRICE: $1,650,000 SF: 5,548 PPSF: $397 UNITS: 7 (6 Apartments & 1 Store) PPU: $235,714 SELLER: Mayer Kohn BUYER: Nick Dragonetti BROKERS: @brg_cre Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Davila […]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$88,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10