David Koptiev Of Platinum Realty Associates Purchases Retail Asset In East New York For $3.6M
3513 Atlantic Avenue
$3,600,000
$566/SF
Building Size
6,350 SF
Asset Type
Retail
Closing
May 10, 2026
AI
A retail asset located at 3513 Atlantic Avenue in East New York, Brooklyn, has been sold for $3,600,000. The property encompasses a total of 6,350 square feet, translating to a price per square foot of approximately $567.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,600,000
- Buyer: David Koptiev - Platinum Realty Associates
- Seller: Christopher J. Constant - Getty Realty Corp
- Square Footage: 6,350
- Price Per Square Foot: $567
- Date of Transaction: 05/10/2026
David Koptiev's Platinum Realty Associates has facilitated the acquisition of the retail property, representing the buyer in this transaction. The seller in this deal is Christopher J. Constant, who represents Getty Realty Corp.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93