Pars Venture Purchases 17 Division Pl Brooklyn For $2 Million With Buyer's Reps Marek Sobolewski And Jaroslaw Kaszuba
SOLD
$2,000,000
New York
See Similar DealsRetail1,660 SF
SOLD
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
See Similar DealsRetail1,660 SF
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,204
Total Square Footage:1,660 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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