facebook
Traded Co logo
Submit
Daily limit: 0/10

115 Underhill LLC Acquires Mixed-use Property In Prospect Heights Brooklyn For $3 Million

Property Image
SOLD
$3,000,000

New York

See Similar Deals
Mixed-use4,492 SF
Sold
the dealdetailscomps
Property Image
SOLD

115 Underhill LLC Acquires Mixed-use Property In Prospect Heights Brooklyn For $3 Million

115 Underhill Avenue

See Similar Deals
Mixed-use4,492 SF
Sold
the dealdetailscomps

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$667
Total Square Footage:4492 SF
Transaction Type:Sale

The mixed-use property located at 115 Underhill Avenue in Prospect Heights, Brooklyn, was sold for $3,000,000, representing a price per square foot of $668. The property has a total area of 4,492 square feet and was involved in a transaction between Mark Penna as the seller and 115 Underhill LLC as the buyer on February 26, 2026.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,000,000
  • Address: 115 Underhill Avenue
  • Market: Prospect Heights, Brooklyn
  • Square Footage: 4,492
  • Price Per Square Foot: $668
  • Buyer: 115 Underhill LLC
  • Seller: Mark Penna
  • Sale Date: February 26, 2026

This transaction was facilitated with 115 Underhill LLC representing the buyer, while Mark Penna represented the seller in the deal. The asset's sales process was documented and completed within the parameters of the commercial real estate market.

Details

SOLD
IMAGE: 02/26/2026 ADDRESS: 115 Underhill Avenue MARKET: Prospect Heights, Brooklyn ASSET TYPE: Mixed-use BUYER: 115 Underhill LLC SELLER: Mark Penna SALE PRICE: $3,000,000 SF: 4,492 ~ PPSF: $668 NOTE: 115 Underhill Avenue in Prospect Heights, Brooklyn, sold for $3 million, or $668 per square foot, with 4,492 sq ft. The property traded from Mark Penna to 115 Underhill LLC on February 26, 2026.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37