Matt Cosentino & Remi Norris Of TerraCRG Sell Boerum Hill Mixed-Use Property For $1.68M
139 Nevins Street, Brooklyn, New York 11217, United States
$1,680,000
$554/SF
Building Size
3,030 SF
Asset Type
Mixed-use
Closing
Dec 10, 2021
About this deal
AI
Located in Boerum Hill, the mixed-use property at 139 Nevins Street was recently sold for $1,680,000. The property spans 3,030 square feet, equating to a price per square foot of $554.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,680,000
- Address: 139 Nevins Street
- Market: Boerum Hill
- Brokers: Matt Cosentino & Remi Norris - TerraCRG
Matt Cosentino and Remi Norris of TerraCRG acted as the brokers in facilitating the sale of the property. The successful transaction was finalized on December 10, 2021, marking a significant deal in the Boerum Hill market.
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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93