Jeffrey J. Feil Acquires Retail Property In Downtown Brooklyn For $33.1M
380 Fulton Mall, Brooklyn, New York 11201, United States
$33,100,000
$643/SF
Building Size
51,476 SF
Asset Type
Retail
Closing
Jan 25, 2022
About this deal
AI
The property at 380 Fulton Street in Downtown Brooklyn, Brooklyn has been sold in a recent transaction. The retail property, with a zoning designation of C6-4.5, DB, boasts a lot size of 3,214 square feet and dimensions of 25.5 ft x 126.25 ft. The sale took place on January 26, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $33,100,000.00
- Building Square Footage: 51,476
- Price per Square Foot: $643
- Lot Size: 3,214
- FAR: 2.30
- Tax Class: 4
- Permits: Alteration 2 (09/27/2011)
- Market: Downtown Brooklyn, Brooklyn
The buyer in this transaction is Jeffrey J. Feil.
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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93