SOLDMixed-use
The Mann Family Acquires Mixed-Use Property In East Flatbush From Hirshmark Capital - Mark Levin And Igor Vaysberg
872 Utica Ave, Brooklyn, NY 11203, USA
Building Size
48,000 SF
Asset Type
Mixed-use
Closing
May 23, 2018
About this deal
AI
The mixed-use property located at 872 Utica Avenue in Brooklyn, East Flatbush, has been sold for a price of $1,425,000. The property spans a total area of 4,800 square feet, with a price per square foot of $296.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,425,000
- Address: 872 Utica Avenue
- City: Brooklyn
- Market: East Flatbush
- Square Footage: 4,800
- Price per Square Foot: $296
The seller of the property was Hirshmark Capital, represented by Mark Levin and Igor Vaysberg. The buyer of the property was The Mann Family.
Players
Hirshmark CapitalSeller
Hirshmark CapitalSeller
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93