Haroun Doumah Acquires Mixed-Use Property At 775 Grand St Brooklyn For $1.6M
SOLD
$1,600,000
New York
See Similar DealsMixed-use5,500 SF
Sold 12/04/2023
SOLD
Haroun Doumah Acquires Mixed-Use Property At 775 Grand St Brooklyn For $1.6M
775 Grand St
See Similar DealsMixed-use5,500 SF
Sold 12/04/2023
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$290
Total Square Footage:5,500 SF
Lot Square Footage:1875 SF
Transaction Type:Sale
The property asset involved in this transaction is a mixed-use building located at 775 Grand St in Brooklyn. The property has a square footage of 5,500 and was sold for $1,600,000.00.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,600,000.00
- Address: 775 Grand St
- Market: Brooklyn
- Square Footage: 5,500.0
- Buyer: Haroun Doumah
- Broker Representatives: Josh Lipton - Invictus, Andrew Levine - Invictus
Key individuals involved in the transaction include the buyer, Haroun Doumah, along with the broker representatives from Invictus, Josh Lipton and Andrew Levine, who facilitated the deal on behalf of their clients.
Players
BUYER
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
Is there something missing? Send suggestions