Eden Ashourzadeh Acquires Mixed-Use Property At 208 Irving Avenue Brooklyn For $1.672M
SOLD
$1,672,000
New York
See Similar DealsMixed-use4,500 SF
Sold 08/27/2025
SOLD
Eden Ashourzadeh Acquires Mixed-Use Property At 208 Irving Avenue Brooklyn For $1.672M
208 Irving Avenue
See Similar DealsMixed-use4,500 SF
Sold 08/27/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$371
Total Square Footage:4,500 SF
Transaction Type:Sale
The mixed-use property located at 208 Irving Avenue in Brooklyn has been sold for $1,672,000. The asset comprises three units with a total of 4,500 square feet, resulting in a price per unit of $557,333 and a price per square foot of $371.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,672,000
- Number of Units: 3
- Total Square Footage: 4,500
- Price Per Unit: $557,333
- Price Per Square Foot: $371
- Buyer: Eden Ashourzadeh
- Seller: Reinoso Macario
- Transaction Date: 8/27/2025
Eden Ashourzadeh has successfully acquired the property from seller Reinoso Macario, marking a significant transaction within the Brooklyn market. The closing of this deal highlights the ongoing activity in mixed-use real estate investments.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,173.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,940.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,926.13
Annual Debt Service$95,113.60
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