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107 North 6th Street, Willi...

Westbridge Realty Group Sells Mixed-Use Building In Williamsburg For $7M With Brokers Alexandra Rossland & David Marciano
SOLDMixed-use

Westbridge Realty Group Sells Mixed-Use Building In Williamsburg For $7M With Brokers Alexandra Rossland & David Marciano

107 North 6th Street, Williamsburg, Brooklyn, NY, USA

$7,000,000

$2,083/SF

Building Size

3,360 SF

Asset Type

Mixed-use

Closing

Dec 7, 2021

AI

A mixed-use building located at 107 North 6th Street in Williamsburg, Brooklyn has been sold in a closed transaction. The property, situated in a prime retail corridor, was sold by Westbridge Realty Group for a total of $7,000,000. The building spans 3,360 square feet, resulting in a price per square foot of approximately $2,083.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,000,000
  • Address: 107 North 6th Street, Williamsburg
  • Market: Williamsburg

The sale of this mixed-use building was facilitated by Alexandra Rossland and David Marciano of Westbridge Realty Group. They successfully closed an off-market transaction in the vibrant Brooklyn neighborhood. For any inquiries about this deal or similar opportunities in the Brooklyn Market, please contact [email protected].

Players

David Marciano

Alpha Realty

Broker

$67.1M

vol

9 deals

Broker

New York 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

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93