Brandon Polakoff, Joseph Moran & Miles Davis-Bosch Of Avison Young Facilitate $4.2M Mixed-Use Sale In Park Slope
121 8th Avenue
$4,200,000
$520/SF
Building Size
8,076 SF
Asset Type
Mixed-use
Closing
Jul 29, 2026
AI
This transaction involves a mixed-use property located at 121 8th Avenue in the Park Slope market. The asset was sold for $4,200,000 and comprises a total square footage of 8,076, translating to a price per square foot of $520.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,200,000
- Address: 121 8th Avenue
- Market: Park Slope
- Square Footage: 8,076
- Price per Square Foot: $520
The deal involved key individuals Brandon Polakoff, Joseph Moran, and Miles Davis-Bosch, all representing Avison Young in this transaction. The collaboration of these brokers facilitated the successful sale of the property.
Players
Brooklyn 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93