Alpha Realty Brokers Lev Mavashev & Daniel Aminov Facilitate $1.55M Mixed-use Sale In Brooklyn
SOLD
$1,550,000
New York
See Similar DealsMixed-use3,780 SF
Sold 04/12/2022
SOLD
Alpha Realty Brokers Lev Mavashev & Daniel Aminov Facilitate $1.55M Mixed-use Sale In Brooklyn
980 Rutland Road, Brooklyn, New York 11212, United States
See Similar DealsMixed-use3,780 SF
Sold 04/12/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$410
Total Square Footage:3,780 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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