Sergey Denevich Acquires Mixed-use Property In Brooklyn For $5.8M With Arsen Atbashyan As Buyer's Rep
283 Neptune Avenue, 285 Neptune Avenue & 291 Neptune Avenue
$5,800,000
$453/SF
Building Size
4,120 SF
Asset Type
Mixed-use
Closing
Sep 14, 2026
About this deal
AI
The transaction involves a mixed-use asset located at 283 Neptune Avenue, 285 Neptune Avenue, and 291 Neptune Avenue in the Brooklyn market. The sale price of the property was $5,800,000, with a total square footage of 12,800 and a price per square foot of $453.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $5,800,000
- Buyer: Sergey Denevich
- Seller: Farzana Cadery
- Buyer's Representative: Arsen Atbashyan - Commercial Acquisitions
- Seller's Representative: Yeugena Atayan - Re/Max
Arsen Atbashyan and Yeugena Atayan played significant roles as representatives in this transaction, representing the buyer and seller respectively. This collaboration facilitated the transition of the property ownership between the parties involved in the transaction.
On the Map
$5,800,000
$453/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
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93