Updated Mar 5, 2026
Sells Package Deal In Brooklyn For $2.8 Million With Adam Cavitch As The Broker
150 Crescent Street, 152 Crescent Street, 154 Crescent Street, 158 Crescent Street
$2,800,000
$257/SF
Building Size
10,880 SF
Asset Type
Package Deal
Closing
Dec 29, 2025
About this deal
AI
The transaction involved a package deal consisting of multiple properties located at 150 Crescent Street, 152 Crescent Street, 154 Crescent Street, and 158 Crescent Street in Brooklyn. The total sale price was $2,800,000, covering a combined area of 10,880 square feet, which translates to a price per square foot of $257.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $2,800,000
- Square Footage: 10,880
- Price Per Square Foot: $257
- Seller:
- Broker: Adam Cavitch - Breco Advisors
- Seller's Attorney: Anthony Castellano, Esq. & Christopher J. Merone, Esq. - CM Law Group PLLC
- Transaction Date: 12/30/2025
The deal was facilitated by broker Adam Cavitch from Breco Advisors, who represented the seller, , while the seller’s legal interests were managed by attorneys Anthony Castellano and Christopher J. Merone from CM Law Group PLLC.
Players
Bel Air Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93