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Juan Qing Lu Acquires Mixed-Use Property At 8013 13th Avenue From Herucles Sirico And James T. Sirico For $8M
SOLD
$8,000,000
New York
See Similar DealsMixed-use2,400 SF
Sold 05/31/2026
SOLD
Juan Qing Lu Acquires Mixed-Use Property At 8013 13th Avenue From Herucles Sirico And James T. Sirico For $8M
8013 13th Avenue
See Similar DealsMixed-use2,400 SF
Sold 05/31/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$3,333
Total Square Footage:2,400 SF
Transaction Type:Sale
A mixed-use property located at 8013 13th Avenue in the Dyker Heights neighborhood of Brooklyn has been sold for $8 million. The property encompasses a total of 2,400 square feet, resulting in a price per square foot of $3,333.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,000,000
- Buyer: Juan Qing Lu
- Seller: Herucles Sirico & James T. Sirico
- Square Footage: 2,400
- Price Per Square Foot: $3,333
- Date of Sale: 05/31/2026
- Market: Dyker Heights, Brooklyn
Herucles Sirico and James T. Sirico were the sellers in this transaction, indicating their involvement in the successful sale of the property to buyer Juan Qing Lu.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$426,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,422.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,924.08
Annual Debt Service$455,088.98
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