Agostino Vona Acquires Mill Basin Parking Lot For $14M
6065 Strickland Avenue, Brooklyn, New York 11234, United States
$14,000,000
Building Size
—
Asset Type
Other
Closing
Nov 30, 2022
AI
A parking lot located at 6065 & 6075 Strickland Avenue in Mill Basin, Brooklyn has been sold for a total of $14,000,000. The transaction took place on November 30, 2022, and involved the buyer, Agostino Vona, and the sellers, Albert Capone & Neil Capone. The parking lot is situated in the vibrant market of Mill Basin in Brooklyn.
Summary of transaction details:
- Property Type: Parking Lot
- Transaction Amount: $14,000,000
- Address: 6065 & 6075 Strickland Avenue
- Market: Mill Basin, Brooklyn
Agostino Vona was represented by their broker, Albert Capone & Neil Capone, in this transaction.
Players
Brooklyn Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93