Fran Gorja Acquires Mixed-Use Property In Brooklyn For $5.475M
137 5th Ave, New York, NY 10010, USA
Building Size
38,650 SF
Asset Type
Mixed-use
Closing
Mar 13, 2018
About this deal
AI
A mixed-use property located at 137 5th Avenue in Brooklyn, New York, has been sold in a closed transaction. The property features a combination of residential and commercial spaces, making it a versatile asset.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $5,475,000
- Price per Square Foot: $811
- Cap Rate: 4.8%
- Seller: Deborah Ehrenberg
- Buyer: Fran Gorja
- Broker: Adam Hess and Eddie Setton from TerraCRG
TerraCRG, represented by Adam Hess and Eddie Setton, facilitated the transaction of this mixed-use property. The property was sold by Deborah Ehrenberg and purchased by Fran Gorja.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse New York mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93