Updated Dec 4, 2024
Nodar Zarbailov Buys Package Deal In Brooklyn For $4.8 Million With Broker Vadim Blinov
2684-2692 Coney Island Avenue
$4,800,000
$533/SF
Building Size
9,000 SF
Asset Type
Package Deal
Closing
Oct 1, 2024
About this deal
AI
The asset involved in this transaction is a package deal located at 2684-2692 Coney Island Avenue in Brooklyn. The sale price for this property was $4,800,000, with a total area of approximately 9,000 square feet, resulting in a price per square foot of $533.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $4,800,000
- Address: 2684-2692 Coney Island Avenue
- Market: Brooklyn
- Square Footage: 9,000
- Price Per Square Foot: $533
- Buyer: Nodar Zarbailov
- Broker: Vadim Blinov - ReMax Edge
Nodar Zarbailov was the buyer in this transaction, while Vadim Blinov represented the broker side through ReMax Edge. The transaction was completed on 10/01/2024.
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93