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17 Division Pl, Brooklyn, N...

Pars Venture Purchases 17 Division Pl Brooklyn For $2 Million With Buyer's Reps Marek Sobolewski And Jaroslaw Kaszuba
SOLDRetail

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:

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

Marek Sobolewski

Trademarko Realty

Broker

$6.4M

vol

3 deals

Broker

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