SOLDMixed-use
109Co Acquires Mixed-use Property At 154 Court Street In Cobble Hill For $5.33M
154 Court Street
$5,330,000
$1,454/SF
Building Size
3,665 SF
Asset Type
Mixed-use
Closing
Apr 5, 2026
AI
The mixed-use asset located at 154 Court Street in the Cobble Hill market was sold for $5,330,000. The property spans 3,665 square feet, resulting in a price per square foot of $1,454.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,330,000
- Address: 154 Court Street
- Market: Cobble Hill
- Square Footage: 3,665
- Price Per Square Foot: $1,454
- Buyer: 109Co
- Seller: JCI Realty - Matthew Axelrod
The transaction was facilitated by brokers Daniel O'Brien, Loren Valla, Caroline Hodes, and Henry Hill from Newmark, representing the interests of the involved parties.
Players
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
2.98%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93