Uri Koptiev Acquires Mixed-Use Property In Park Slope For $7.35M
756 Union Street, Brooklyn, New York 11215, United States
$7,350,000
$862/SF
Building Size
8,526 SF
Asset Type
MultiFamily
Closing
May 25, 2022
AI
756 Union St. in Park Slope has been sold for a total of $7,350,000. This mixed-use property spans 11,000 square feet, resulting in a price per square foot of $668. The sale took place on May 26, 2022, with Uri Koptiev as the buyer. Uri Koptiev was represented by Rich Velotta from Raven Property Advisors.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,350,000
- Address: 756 Union St.
- Market: Park Slope
- Square Footage: 11,000
- Price per Square Foot: $668
- Buyer: Uri Koptiev
- Broker: Rich Velotta - Raven Property Advisors
Uri Koptiev, the buyer, acquired the mixed-use property at 756 Union St. in Park Slope. Rich Velotta from Raven Property Advisors represented Uri Koptiev in the transaction.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.16%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93