Adam Fawer Acquires Mixed-Use Property In Park Slope For $3.55M
151 4th Avenue, New York City, New York 10003, United States
$3,550,000
$769/SF
Building Size
4,615 SF
Asset Type
Mixed-use
Closing
May 15, 2022
AI
A mixed-use property located at 151 4th Avenue in Park Slope has been sold in a recent transaction. The property consists of four units with a total square footage of 4,615. The sale price for the property was $3,550,000, resulting in a price per unit of $887,500 and a price per square foot of $769.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,550,000
- Address: 151 4th Avenue
- Market: Park Slope
The buyer of the property is Adam Fawer, while the seller is Pedro Rodriguez.
No additional details regarding the transaction were provided.
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
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93