Gabriel Goldberger Acquires Mixed-Use Property On India Street, Greenpoint, Brooklyn
128 India St, Brooklyn, NY 11222, USA
$2,900,000
$763/SF
Building Size
3,800 SF
Asset Type
Mixed-use
Closing
Nov 3, 2019
AI
Located at 128 India Street in Greenpoint, Brooklyn, this mixed-use property was recently sold in a closed transaction. The property spans across 3,800 square feet and consists of 4 units. The seller, Casey Schear, sold the property to Gabriel Goldberger for a sale price of $2,900,000.
Summary of transaction details
- Property Type: Mixed-use
- Address: 128 India Street, Greenpoint, Brooklyn
- Market: Greenpoint, Brooklyn
- Seller: Casey Schear
- Buyer: Gabriel Goldberger
- Sale Price: $2,900,000
- Square Footage: 3,800
- Price per Square Foot: $763
- Units: 4
Robert Manselian, represented by Robert Manselian from @rob_manselian, served as the seller's representative in this transaction. The property had an initial asking price of $3,100,000. Each unit within the property was sold at an average price of $725,000.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93