Updated May 12, 2025
Albert Nakash Purchases Package Deal In Brooklyn For $4.15M With Vadim Blinov As Buyer's Rep
1702 Avenue Z
$4,150,000
$415/SF
Building Size
10,000 SF
Asset Type
Package Deal
Closing
Apr 23, 2025
About this deal
AI
This transaction involved a package deal located at 1702 Avenue Z in Brooklyn. The property was sold for a price of $4,150,000, encompassing a total area of 10,000 square feet, resulting in a price per square foot of $415.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $4,150,000
- Address: 1702 Avenue Z
- Market: Brooklyn
- Square Footage: 10,000
- Price per Square Foot: $415
- Buyer: Albert Nakash
- Seller: Vadim Bron
- Buyer's Representative: Vadim Blinov - RE/MAX Edge
- Seller's Representative: Anna Soboleva - RE/MAX Edge
- Attorney: Moshes Law P.C.
The transaction was facilitated by Vadim Blinov and Anna Soboleva, both from RE/MAX Edge, and was completed through the legal expertise of Yuriy Moshes, Esq. The deal closed from the very first showing, marking a smooth and efficient process from start to finish.
Players
Brooklyn Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93