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115 Van Brunt Street

Raven Property Advisors Facilitates $2.5M Mixed-Use Sale In Carroll Gardens
SOLDMixed-use

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

Richard Velotta

Raven Property Advisors

Broker

$409M

vol

30 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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93