Pars Venture Purchases 17 Division Pl Brooklyn For $2 Million With Buyer's Reps Marek Sobolewski And Jaroslaw Kaszuba
17 Division Pl, Brooklyn, NY, 11222
$2,000,000
$1,204/SF
Building Size
1,660 SF
Asset Type
Retail
Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 17 Division Pl, Brooklyn, NY, 11222. This asset is situated in the Brooklyn market and has a sale price of $2,000,000.00. The total square footage of the property is 1660.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $2,000,000.00
- Address: 17 Division Pl, Brooklyn, NY, 11222
- Market: Brooklyn
- Buyer: Pars Venture
- Seller: Jozef & Jozefa Kuzdzal
- Buyer's Representative: Marek Sobolewski, Jaroslaw Kaszuba - Exit All Seasons Realty
This transaction highlights the involvement of the buyer's representatives, Marek Sobolewski and Jaroslaw Kaszuba, who are associated with Exit All Seasons Realty in facilitating the deal for Pars Venture. The sellers, Jozef and Jozefa Kuzdzal, were directly involved in the transaction and executed the sale.
Players
Brooklyn 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93