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
About this deal
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.
On the Map
$925,000
Office
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Players
Brooklyn Office Market Snapshot
Boundary boundary · Office · Sale transactions
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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