Ezra Shabot Acquires Retail Property In New York City For $1.6M
1635 Bath Ave Brooklyn, NY 11214, USA
$1,649,000
$271/SF
Building Size
6,080 SF
Asset Type
Retail
Closing
Jun 1, 2023
About this deal
AI
The retail property located at 1635 Bath Avenue in New York City has been sold in a closed transaction. The property spans a total area of 6,080 square feet and is valued at $1,649,000. The sale price per square foot comes to $271.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,649,000
- Address: 1635 Bath Avenue
- Market: New York City
- Square Footage: 6,080
The buyer of the property is Ezra Shabot, while the sellers are Nancy Cambria and George Cambria. Commercial Acquisitions Realty represented both the buyer and the seller in the transaction, with Arsen Atbashyan and Vadim Atbashyan acting as the brokers.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Vadim Atbashyan to view all their deals.
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.62%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93