SOLDCommercial
Michael Pintchik Sells Commercial Asset At 354-364 Flatbush Avenue In Brooklyn For $10,664,667
354 Flatbush Avenue, 354 364 Flatbush Avenue, Brooklyn, 11238, Ny & 364 Flatbush Avenue
$10,664,667
$1,787/SF
Building Size
5,965 SF
Asset Type
Commercial
Closing
May 14, 2026
AI
A commercial asset located at 354-364 Flatbush Avenue in Brooklyn was sold for $10,664,667. The property spans 5,965 square feet, resulting in a price per square foot of $1,788. The transaction closed on May 14, 2026.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $10,664,667
- Square Footage: 5,965
- Price per Square Foot: $1,788
- Seller: Michael Pintchik
- Transaction Date: May 14, 2026
- Address: 354-364 Flatbush Avenue
- Market: Brooklyn
The deal featured Michael Pintchik as the seller of the commercial property, marking a significant transaction within the Brooklyn market.
Players
Brooklyn Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93