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1702 Avenue Z

Updated May 12, 2025

Albert Nakash Purchases Package Deal In Brooklyn For $4.15M With Vadim Blinov As Buyer's Rep
SOLDPackage Deal

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

Vadim Blinov

RE/MAX Edge

Broker

$20.4M

vol

6 deals

Broker

Brooklyn Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Deal FAQ

About $415 per square foot on a published $4.2M for 10,000 square feet (2025).

Visit Vadim Blinov to view all their deals.

Browse Brooklyn package deal sales on Traded.

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

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