SOLDMixed-use
Benjamin Koptiev Acquires Mixed-Use Property In Brooklyn For $1.45M
743 Church Avenue
$1,450,000
Building Size
—
Asset Type
Mixed-use
Closing
Feb 9, 2023
About this deal
AI
A mixed-use property located at 743 Church Avenue in Brooklyn has been sold for a total of $1,450,000. The property spans 3,600 square feet and was purchased by Benjamin Koptiev. The sale price per square foot was $403.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $1,450,000
- Square Footage: 3,600
- Price per Square Foot: $403
- Address: 743 Church Avenue, Brooklyn
Jermaine Pugh from B6 Real Estate Advisors represented both the buyer, Benjamin Koptiev, and the seller, Santiago Ocasio, in this transaction.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93