facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

156 5th Avenue

Kalogiannis Family Sells Mixed-use Property At 156 5th Avenue For $3.125M With Marcus & Millichap
SOLDMixed-use

Kalogiannis Family Sells Mixed-use Property At 156 5th Avenue For $3.125M With Marcus & Millichap

156 5th Avenue

$3,125,000

$781/SF

Building Size

4,000 SF

Asset Type

Mixed-use

Closing

Mar 27, 2025

AI

The property asset involved in the transaction is a mixed-use building located at 156 5th Avenue in Park Slope, Brooklyn. The sale price of the property was $3,125,000, with a total square footage of 4,000, resulting in a price per square foot of $781.

Summary of transaction details:

This transaction involved the Kalogiannis Family as the seller, with John Brennan and Bryan Ellis representing the deal as brokers through Marcus & Millichap. The transaction date was March 27, 2025.

Players

John Brennan

Marcus & Millichap

Broker

$190.2M

vol

74 deals

Broker

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.08%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93