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711 Brighton Beach Ave, Bro...

Daniel Shirazi And Robert Khodadadian Facilitate Sale Of Other Property In Brighton Beach, Brooklyn
SOLDOther

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

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.

Players

Daniel Shirazi

Skyline Properties

Broker

$825.5M

vol

16 deals

Broker

New York 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