Raven Property Advisors Facilitates $2.5M Mixed-Use Sale In Carroll Gardens
115 Van Brunt Street
$2,500,000
$520/SF
Building Size
4,800 SF
Asset Type
Mixed-use
Closing
Nov 14, 2022
AI
A mixed-use property located at 115 Van Brunt Street in Carroll Gardens has been sold in a recent transaction. The property, spanning approximately 4,800 square feet, was sold for a total price of $2,500,000. The sale price equates to an average of $521 per square foot.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $2,500,000
- Address: 115 Van Brunt Street
- Market: Carroll Gardens
The sale of this mixed-use property was facilitated by Raven Property Advisors, represented by brokers Rich Velotta, Henry Grass, and Danny Handweiler. Their expertise and guidance ensured a successful transaction for all parties involved.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93