Long Xing Realty Sells Mixed-use Property In Kensington For $5.13M
825 57th Street, Brooklyn, NY, USA
$5,130,000
$239/SF
Building Size
21,400 SF
Asset Type
Mixed-use
Closing
Dec 6, 2020
About this deal
AI
The mixed-use property located at 825 57th Street in Kensington was recently sold for a price of $5,130,000. The sale took place on December 7, 2020.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,130,000
- Address: 825 57th Street, Kensington
- Seller: Ann Long - Long Xing Realty
- Market: Kensington
Ann Long from Long Xing Realty represented the seller in this transaction.
The mixed use sale at 825 57th Street, Brooklyn, NY, USA in New York, New York sold for $5.1M in 2020. The building is 21,400 square feet, implying about 239 per square foot on the published price. Named participants on the 825 57th Street, Brooklyn, NY, USA sale are Ann Long. This page is the New York, New York file for the 825 57th Street, Brooklyn, NY, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 825 57th Street, Brooklyn, NY, USA around 2020. Published consideration for 825 57th Street, Brooklyn, NY, USA is $5.1M, dated 2020. Cite this Long Xing Realty Sells Mixed-use Property In Kensington For $5.13M sale when underwriting similar mixed use product around New York, New York.
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
3.09%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93