Rockford Holdings Acquires Office Building On Atlantic Avenue For $3.1M
2632 Atlantic Ave, Brooklyn, NY 11207, USA
$3,125,000
$256/SF
Building Size
12,168 SF
Asset Type
Office
Closing
Sep 29, 2020
About this deal
AI
The property involved in this transaction is an office located at 2632 Atlantic Avenue in East New York. The property has a total area of 12,168 square feet. The sale took place on September 30, 2020, and the buyer was Rockford Holdings. The seller in this transaction was Rocio Estrada. The property was sold for a price of $3,125,000, resulting in a price per square foot of $257.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,125,000
- Address: 2632 Atlantic Avenue, East New York
- Market: East New York
- Square Footage: 12,168
- Price per Square Foot: $257
- Buyer: Rockford Holdings
- Seller: Rocio Estrada
This transaction highlights Rockford Holdings as the buyer and Rocio Estrada as the seller. The property, located at 2632 Atlantic Avenue in East New York, was purchased for a total of $3,125,000. The transaction involved an office space with a total area of 12,168 square feet.
Players
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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
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93