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.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Evmorfea Maria Savidis to view all their deals.
Browse Brooklyn retail sales on Traded.
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