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
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