Ezra Koht Acquires Office Property In Sheepshead Bay For $1.06M
1801 Avenue X, Brooklyn, NY 11235, USA
$1,060,000
$362/SF
Building Size
2,925 SF
Asset Type
Office
Closing
Feb 12, 2019
About this deal
AI
An office property located at 1801 Ave. X in Sheepshead Bay has recently been sold for a total amount of $1.06 million. The office space spans across 2,925 square feet and has a price per square foot of $362.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1.06M
- Address: 1801 Ave. X
- Market: Sheepshead Bay
- Square Footage: 2,925
- Price per Square Foot: $362
The seller of the property was Harvey Stoller, while the buyer was Ezra Koht. The deal was facilitated by Jack Sardar from @jacksardar_realestate.
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93