Alpha Realty Brokers Lev Mavashev & Daniel Aminov Facilitate $1.55M Mixed-use Sale In Brooklyn
980 Rutland Road, Brooklyn, New York 11212, United States
$1,550,000
$410/SF
Building Size
3,780 SF
Asset Type
Mixed-use
Closing
Apr 11, 2022
About this deal
AI
Located at 980 Rutland Rd. in Brooklyn, this mixed-use property was recently sold in a closed transaction. The property spans across 3,780 square feet and was sold for a price of $1,550,000, resulting in a price per square foot of $410.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,550,000
- Square Footage: 3,780
- Address: 980 Rutland Rd.
- Market: Brooklyn
The seller of the property was The Mizrachi Family. The transaction was facilitated by Lev Mavashev and Daniel Aminov of Alpha Realty, who represented the interests of the seller. Lev Mavashev and Daniel Aminov played a key role in finalizing the deal between the seller and the buyer.
On the Map
$1,550,000
$410/SF
Mixed-use
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Players
Brooklyn 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93