@OrenNeria Acquires Mixed-use Property In Brooklyn For $1.08M
832 Flatbush Ave, Brooklyn, NY 11226, USA
$1,080,000
$29/SF
Building Size
37,000 SF
Asset Type
Mixed-use
Closing
Jun 18, 2020
About this deal
AI
The Fishkin Family has sold a mixed-use property located at 832 Flatbush Avenue in Brooklyn. The transaction took place on June 19, 2020. The property spans 3,700 square feet and was sold for a price of $1,080,000, resulting in a price per square foot of $290. The property consists of three units, with each unit having an average price per square foot of $304,794.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,080,000
- Square Footage: 3,700
- Price Per Square Foot: $290
- Number of Units: 3
- Average Unit Price Per Square Foot: $304,794
The buyer of the property is @OrenNeria, while the seller is the Fishkin Family.
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
14.69%
Cash-on-Cash
-4.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93