Ling Yan Jiang Acquires Mixed-Use Property At 772 Flatbush Avenue Brooklyn For $1.6M
772 Flatbush Avenue
$1,600,000
$381/SF
Building Size
4,200 SF
Asset Type
Mixed-use
Closing
Sep 30, 2025
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 772 Flatbush Avenue in Brooklyn. The sale was completed for a price of $1,600,000, with a total square footage of 4,200, resulting in a price per square foot of $380.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,600,000
- Address: 772 Flatbush Avenue
- Market: Brooklyn
- Square Footage: 4,200
- Price per Square Foot: $380
- Buyer: Ling Yan Jiang
- Seller: Sam Spitz
- Broker: Denis Abayev - Commercial Acquisitions
The key individuals in this transaction include buyer Ling Yan Jiang and seller Sam Spitz, who engaged in the sale through broker Denis Abayev of Commercial Acquisitions representing the seller. This transaction demonstrates active participation in the Brooklyn market by these parties.
On the Map
$1,600,000
$381/SF
Mixed-use
View full map
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Denis Abayev to view all their deals.
Browse Brooklyn mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93