Roy Jimmy Sells Package Deal At 322 Lincoln Road Brooklyn For $7,400,000 With Brokers Natanel Malkoukian & Sammy Noiman
322 Lincoln Road
$7,400,000
$1,193/SF
Building Size
6,200 SF
Asset Type
Package Deal
Closing
Mar 17, 2026
AI
A package deal located at 322 Lincoln Road in Brooklyn was sold for $7,400,000. The property encompasses a total of 6,200 square feet, resulting in a price per square foot of $1,193.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $7,400,000
- Address: 322 Lincoln Road
- Market: Brooklyn
- Square Footage: 6,200
- Price per Square Foot: $1,193
- Seller: Roy Jimmy
- Brokers: Natanel Malkoukian & Sammy Noiman - Reavis Development Marketing
This transaction showcases the involvement of brokers Natanel Malkoukian and Sammy Noiman, who represent Reavis Development Marketing in the sale. A note from the broker mentions this as a new development condominium sellout.
Players
Market 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
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93