Saif Khalid Acquires Mixed-Use Property In Canarsie For $355,000
9615 Avenue L, Canarsie, Brooklyn, NY, USA
$355,000
$198/SF
Building Size
1,788 SF
Asset Type
Mixed-use
Closing
Apr 16, 2020
About this deal
AI
The property located at 9615 Ave L in the Canarsie market is a mixed-use asset, sold for $355,000. It spans a building square footage of 3,650 and has a price per building square foot of $97. The sale includes a square footage of 1,788 with a price per square foot of $198. The zoning classifications for this property are R5D and C2-3.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $355,000
- Building Square Footage: 3,650
- Price per Building Square Foot: $97
- Square Footage: 1,788
- Price per Square Foot: $198
- Buyer: Saif Khalid - Khalid Holding 9615
- Seller: Nynfa Rossi
- Sale Date: 04/16/2021
Saif Khalid represented Khalid Holding 9615 in this transaction, acquiring the property from seller Nynfa Rossi. This transaction marks a significant exchange within the mixed-use sector.
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
44.68%
Cash-on-Cash
-12.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93