Shaindy Zaide Acquires Multifamily Property At 3008 Avenue K From Sam Kahan For $1.4M
SOLD
$1,400,000
New York
See Similar DealsMultiFamily840,107 SF
Sold 01/10/2018
SOLD
Shaindy Zaide Acquires Multifamily Property At 3008 Avenue K From Sam Kahan For $1.4M
3008 Avenue K
See Similar DealsMultiFamily840,107 SF
Sold 01/10/2018
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1
Total Square Footage:840,107 SF
Transaction Type:Sale
The property asset involved in this transaction is a MultiFamily building located at 3008 Avenue K in Brooklyn. The sale occurred on January 10, 2018, with a transaction amount of $1,400,000. The total square footage of the property is 840,107 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,400,000.00
- Address: 3008 Avenue K
- Market: Brooklyn
- Square Footage: 840,107.0
- Buyer: Shaindy Zaide
- Seller: Sam Kahan
- Brokers: Yisroel Pershin, Natan Lati, Eli Shilian
The key individuals involved in this transaction include the buyer, Shaindy Zaide, and the seller, Sam Kahan. The transaction was facilitated by brokers Yisroel Pershin, Natan Lati, and Eli Shilian, representing the parties in this deal.
Players
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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