Ben Ashkenazy & Daniel Levy Acquire Retail Property In East Flatbush For $2.8M
1610 Ralph Ave, Brooklyn, NY 11236, USA
$2,800,000
$367/SF
Building Size
7,625 SF
Asset Type
Retail
Closing
Jul 14, 2020
About this deal
AI
The retail property located at 1610 Ralph Avenue in East Flatbush has been sold for a price of $2,800,000. The property spans 15,625 square feet, resulting in a price per square foot of $179. The total square footage of the property is 7,625, with a price per square foot of $367.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,800,000
- Address: 1610 Ralph Avenue
- Market: East Flatbush
The sale of the property was facilitated by @AACRealty.
The retail sale at 1610 Ralph Ave, Brooklyn, NY 11236, USA in New York, New York sold for $2.8M in 2020. The building is 7,625 square feet, implying about 367 per square foot on the published price. This page is the New York, New York file for the 1610 Ralph Ave, Brooklyn, NY 11236, USA retail sold: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else sold near 1610 Ralph Ave, Brooklyn, NY 11236, USA around 2020. Published consideration for 1610 Ralph Ave, Brooklyn, NY 11236, USA is $2.8M, dated 2020. Cite this Ben Ashkenazy & Daniel Levy Acquire Retail Property In East Flatbush For $2.8M sale when underwriting similar retail product around New York, New York.
Players
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93