Daniel Shirazi And Robert Khodadadian Facilitate Sale Of Other Property In Brighton Beach, Brooklyn
711 Brighton Beach Ave, Brooklyn, NY 11235, USA
$3,200,000
$97/SF
Building Size
32,780 SF
Asset Type
Other
Closing
Sep 26, 2018
About this deal
AI
A property asset located at 711 Brighton Beach Avenue in Brighton Beach, Brooklyn, New York recently underwent a closed transaction. The property, classified as "Other," was bought and sold for a final sale price of $3,200,000. The transaction took place at a price per square foot of $976, with a total square footage of 3,278. The property was listed with an asking price of $3,200,000.
Summary of transaction details:
- Property Type: Other
- Asking Price: $3,200,000
- Sale Price: $3,200,000
- Square Footage: 3,278
- Price per Square Foot: $976
- Property Address: 711 Brighton Beach Avenue, Brighton Beach, Brooklyn, New York
- Market: Brighton Beach
- Buyer: Hymie Azar
- Seller: Abdoh Mohamed
- Brokers: Daniel Shirazi, Robert Khodadadian - represented both buyer and seller
Notable individuals involved in this transaction include Daniel Shirazi and Robert Khodadadian, who served as brokers for both the buyer and seller. They facilitated the deal between Hymie Azar, the buyer, and Abdoh Mohamed, the seller.
On the Map
$3,200,000
$97/SF
Other
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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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93