SOLDOffice
FCA Purchases 1249 Dekalb Avenue In Brooklyn For $925000 With Seller's Rep Isaac Shrem
1249 Dekalb Ave, Brooklyn, NY, 11221
$925,000
Building Size
—
Asset Type
Office
Closing
Nov 20, 2023
AI
The property located at 1249 Dekalb Ave, Brooklyn, NY, 11221 was sold for $925,000.00. The square footage for this transaction was recorded as 0. This sale occurs within the Brooklyn market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $925,000.00
- Buyer: FCA
- Seller: 1249 Dekalb Avenue LLC
- Buyer's Representative: Hen Vaknin
- Seller's Representative: Isaac Shrem - Westbridge Realty Group
Hen Vaknin represented the buyer, FCA, in this transaction, while Isaac Shrem from Westbridge Realty Group represented the seller, 1249 Dekalb Avenue LLC.
Players
Brooklyn Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.15%
Cash-on-Cash
-4.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93