Linda Qin Lin Acquires Retail Building In Bensonhurst, Brooklyn From Jalal Ahmed For $3.2M
7802 20th Avenue
$3,200,000
$671/SF
Building Size
4,767 SF
Asset Type
Retail
Closing
Sep 21, 2023
About this deal
AI
A retail building located at 7802 20th Avenue in Bensonhurst, Brooklyn has been sold for $3.2 million. The property has a total square footage of 4,767, with a price per square foot of $671. The buyer, Linda Qin Lin, was represented by Son Xiong Di Realty LLC, while the seller, Jalal Ahmed, owned the property through 7802 20th Ave LLC.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,200,000
- Building Square Footage: 4,767
- Price Per Square Foot: $671
- Address: 7802 20th Avenue, Bensonhurst, Brooklyn
- Market: Bensonhurst, Brooklyn
- Buyer: Linda Qin Lin
- Seller: Jalal Ahmed's 7802 20th Ave LLC
Note: Linda Qin Lin, represented by Son Xiong Di Realty LLC, purchased the retail building located at 7802 20th Avenue in Bensonhurst, Brooklyn, from Jalal Ahmed's 7802 20th Ave LLC for $3.2 million.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Brooklyn retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93