Jamie Anthony Acquires Retail Property On Livingston Street In Downtown Brooklyn For $12M
287 Livingston Street, Downtown Brooklyn, Brooklyn, NY, USA
$12,000,000
$2,352/SF
Building Size
5,100 SF
Asset Type
Retail
Closing
Oct 28, 2021
AI
The retail property located at 287 Livingston Street in Downtown Brooklyn, with a zoning designation of C6-4, DB, has been sold for a price of $12,000,000. The property features a building square footage (BSF) of 25,000, resulting in a price per BSF (PPBSF) of $480. The total square footage (SF) of the property is 5,100, with a price per square foot (PPSF) of $2,353. The property has a floor area ratio (FAR) of 2.04 and is classified under tax class 4. The lot size is 2,500, with dimensions of 20 ft x 125 ft. The previous sale of the property was recorded on December 29, 2015, for a price of $0.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $12,000,000
- Market: Downtown Brooklyn,3
- Zoning: C6-4, DB
- BSF: 25,000
- PPBSF: $480
- SF: 5,100
- PPSF: $2,353
- FAR: 2.04
- Tax Class: 4
- Lot Size: 2,500
- Last Sale Price: $0 (12/29/2015)
- Lot Dimension: 20 ft x 125 ft
The buyer of the property is Jamie Anthony, while the sellers are Matthew Mirones and Steven Mirones.
Players
New York 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93