Updated Apr 30, 2026
Avishy Fisher Acquires Development Site In Prospect Heights Brooklyn For $33 Million From Nadine Oelsner
962 Pacific Street
$33,000,000
Building Size
—
Asset Type
Development Site
Closing
Apr 14, 2026
About this deal
AI
A development site has been sold in Prospect Heights, Brooklyn, located at 962 Pacific Street. The property was sold for $33 million, marking a significant transaction in the local real estate market.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $33,000,000
- Buyer: Avishy Fisher
- Seller: Nadine Oelsner
- Transaction Date: April 14, 2026
This transaction involved the buyer Avishy Fisher and the seller Nadine Oelsner, who managed the deal effectively to facilitate the sale of the development site.
On the Map
$33,000,000
Development Site
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Players
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93