Updated Sep 5, 2024
Joe Safdie Acquires Carroll Gardens Package Deal For $8.6M With Lev Mavashev - Alpha Realty
321 & 323 Court Street
$8,600,000
$1,993/SF
Building Size
4,315 SF
Asset Type
Mixed-use
Closing
Jan 19, 2023
About this deal
AI
The package deal involving two properties at 321 & 323 Court Street in Carroll Gardens has been closed. The transaction was completed on January 19, 2023. The asset types of the properties included in the deal are undisclosed.
Summary of transaction details
- Property Type: Not Available
- Transaction Amount: $8,600,000
- Address: 321 & 323 Court Street
- Market: Carroll Gardens
Joe Safdie was the buyer in this transaction. The buyer was represented by Lev Mavashev from Alpha Realty.
The total square footage of the properties involved in the package deal is 4,315. The price per square foot (PPSF) comes out to $1,993.
Players
Allentown Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93