Oleg Krasnitsky Acquires Mixed-Use Property On 3rd Ave In Bay Ridge, Brooklyn For $1.8M
7415 3rd Ave
$1,775,000
$369/SF
Building Size
4,802 SF
Asset Type
Mixed-use
Closing
Jan 18, 2023
About this deal
AI
A mixed-use property located at 7415 3rd Ave in Bay Ridge, Brooklyn was recently sold for a total price of $1,775,000. The property spans a total square footage of 4,802, resulting in a price per square foot of $370.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $1,775,000
- Square Footage: 4,802
- Price per Square Foot: $370
- Address: 7415 3rd Ave, Bay Ridge, Brooklyn
Oleg Krasnitsky purchased the property from Gloria Mavica. The sale was facilitated by Vito Angelo from ReMax.
Players
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
8.94%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93