Vadim Blinov & Anna Soboleva Of RE/MAX Edge Acquire Office In Brooklyn For $6.05M
8710 Fifth Avenue
$6,050,000
$288/SF
Building Size
21,000 SF
Asset Type
Office
Closing
Jul 10, 2026
About this deal
AI
The property asset involved is an office space located at 8710 Fifth Avenue in Brooklyn. The sale price of the property was $6,050,000, consisting of 4 units with a price per unit of $1,512,500. The total square footage of the asset is 21,000, resulting in a price per square foot of $288.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,050,000
- Units: 4
- Price Per Unit: $1,512,500
- Square Footage: 21,000
- Price Per Square Foot: $288
- Market: Brooklyn
- Buyer's Representative: Vadim Blinov & Anna Soboleva - RE/MAX Edge
The deal was facilitated by Vadim Blinov and Anna Soboleva, who represented the buyer in the transaction through their agency, RE/MAX Edge. Their involvement highlights the representation that took place during the sale process.
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
2.62%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93