S6 Guy Brewer 1 LLC Acquires 2 Story Retail Property In Jamaica For $1.7M
92-22 Guy R Brewer Blvd, Jamaica, NY 11433, USA
Building Size
24,000 SF
Asset Type
Retail
Closing
Nov 30, 2017
AI
The property located at 9222-9226 Guy R Brewer Blvd in New York, Jamaica, has been sold for a total price of $1,725,000. The asset is a 2 story existing retail building with a total existing square footage of 9,300. The property also has a buildable square footage of 24,000, providing potential for future development.
Summary of transaction details
- Property Type: 2 Story Existing Retail
- Transaction Amount: $1,725,000
- Existing Square Footage: 9,300 sf
- Buildable Square Footage: 24,000 sf
- Address: 9222-9226 Guy R Brewer Blvd, New York, NY
The seller of the property was SKN Realty LLC, while the buyer was S6 Guy Brewer 1 LLC represented by Shalev Shoshani (@shalev011) as their representative. The transaction was facilitated by Eastern Consolidated, with Rubin Isak and Ryan Kossoy (@rkossoy84) serving as the brokers in the deal.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93