Connor Domershick & Max Maleh Acquire Mixed-Use Property In Park Slope For $3.7M
LEASED
New York
See Similar DealsMixed-use4,860 SF
Leased 03/31/2021
LEASED
Connor Domershick & Max Maleh Acquire Mixed-Use Property In Park Slope For $3.7M
138 Saint Marks Place, Brooklyn, NY 11217, USA
See Similar DealsMixed-use4,860 SF
Leased 03/31/2021
Summary
NEW YORK
Asset Type:Mixed-use
Total Square Footage:4,860 SF
Transaction Type:Lease
The mixed-use property located at 138 St Marks Place in Park Slope has been sold for a total of $3,700,000. The transaction took place on March 31, 2021, and the property spans a total of 4,860 square feet. The sale price per square foot was $761.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $3,700,000
- Address: 138 St Marks Place
- Market: Park Slope
- Zoning: R6A, C1-4
The buyer of the property is Connor Domershick and Max Maleh. They were represented by brokers Adam Hess and Edward Setton from Meridian Capital Group.
The property consists of 10 units, with each unit being sold at an average price of $370,000. The capitalization rate for this transaction is 5.75%.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$278,572.27
Total Lease Value
$2,785,722.67
Net Landlord Cash Flow$278,572.27
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