Roman Rayham Acquires Medical Suites On Ocean Avenue, Sheepshead-bay, Brooklyn In $5.65M Deal
2748 Ocean Avenue, Sheepshead Bay, Brooklyn, NY, USA
$5,650,000
$330/SF
Building Size
17,083 SF
Asset Type
Other
Closing
Oct 15, 2018
About this deal
AI
An undisclosed medical suites property located at 2748 Ocean Avenue in Sheepshead-bay, Brooklyn was recently sold for a price of $5,650,000. The property spans a total area of 17,083 square feet, implying a price per square foot of approximately $330.73. The transaction took place on October 16, 2018. The seller of the property was Thomas Anagnostopoulos and the buyer was Roman Rayham.
Summary of transaction details
- Property Type: Medical Suites
- Transaction Amount: $5,650,000
- Address: 2748 Ocean Avenue, Sheepshead-bay, Brooklyn
- Market: Sheepshead-bay, Brooklyn
- Square Footage: 17,083
- Price per Square Foot: $330.73
- Seller: Thomas Anagnostopoulos
- Buyer: Roman Rayham
Arsen Atbashyan from CAREALTY Inc. served as the broker for this transaction.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.81%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93