Kuan Chee Yan And Yan Chao Yan Acquire Retail Asset In Brooklyn For $3.93M
2269 86th St
$3,930,000
$1,091/SF
Building Size
3,600 SF
Asset Type
Retail
Closing
Aug 22, 2016
About this deal
AI
The property asset involved in the transaction is a retail space located at 2269 86th St, Brooklyn. The sale was finalized at a price of $3,930,000.00, encompassing a total square footage of 3,600.0 SF.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,930,000.00
- Address: 2269 86th St
- Market: Brooklyn
- Square Footage: 3,600.0
- Buyer: Kuan Chee Yan and Yan Chao Yan
- Brokers: Evmorfea Maria Savidis
The deal was represented by Evmorfea Maria Savidis, who facilitated the transaction for the buyer, Kuan Chee Yan and Yan Chao Yan.
On the Map
$3,930,000
$1,091/SF
Retail
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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
4.04%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93