Adam Demuyakor Acquires Retail Property At 15 Vanderbilt Avenue In Clinton Hill For $3.22M
15 Vanderbilt Ave, Brooklyn, NY 11205, USA
$3,225,000
$995/SF
Building Size
3,240 SF
Asset Type
Retail
Closing
Sep 18, 2019
About this deal
AI
The property at 15 Vanderbilt Avenue in Clinton Hill has been sold for $3,225,000. The retail asset spans across 3,240 square feet, resulting in a price per square foot of $995.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,225,000
- Address: 15 Vanderbilt Avenue
- Market: Clinton Hill
- Seller: Rungravee Napadol
- Buyer: Adam Demuyakor
- Seller's Rep: Dan Marks, Daniel Lebor, Garrett Allen - TerraCRG
- Buyer's Rep: Ali Raza, Troy Gordon - We R New York
The deal was brokered by the seller's representatives, Dan Marks, Daniel Lebor, and Garrett Allen from TerraCRG, as well as the buyer's representatives, Ali Raza and Troy Gordon from We R New York.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.92%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93