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825 57th Street, Brooklyn, ...

Updated Oct 29, 2024

Long Xing Realty Sells Mixed-use Property In Kensington For $5.13M
SOLDMixed-use

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

Ann Long

Seller

$18.9M

vol

3 deals

Seller

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $239 per square foot on a published $5.1M for 21,400 square feet (2020).

Visit Ann Long to view all their deals.

Browse New York mixed use sales on Traded.

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

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