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121 8th Avenue

Brandon Polakoff, Joseph Moran & Miles Davis-Bosch Of Avison Young Facilitate $4.2M Mixed-Use Sale In Park Slope
SOLDMixed-use

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

Brandon Polakoff

Avison Young

Broker

$1.8B

vol

126 deals

Broker

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