SOLDMixed-use
Chaim Fuchs Purchases Mixed-Use Property From Tom Gagliano In Brooklyn For $3.5M
157 North 5th Street
$3,500,000
$875/SF
Building Size
4,000 SF
Asset Type
Mixed-use
Closing
Sep 24, 2026
About this deal
AI
The property at 157 North 5th Street in Brooklyn is a mixed-use asset consisting of 1 commercial unit and 3 residential units. The sale occurred on 09/24/2026 with a sale price of $3,500,000. The total square footage of the property is 4,000, resulting in a price per square foot of $875 and a price per unit of $875,000.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 3 Residential)
- Transaction Amount: $3,500,000
- Units: 4
- Square Footage: 4,000
- Price Per Unit: $875,000
- Price Per Square Foot: $875
- Buyer: Chaim Fuchs
- Seller: Tom Gagliano
- Brokers: Shlomo Antebi, Yosef Katz, Erik Yankelovich & Elli Khafizov - Atlas Realty Group
The transaction involved key individuals including Chaim Fuchs as the buyer and Tom Gagliano as the seller. Representing them in this deal were Shlomo Antebi, Yosef Katz, Erik Yankelovich, and Elli Khafizov from Atlas Realty Group, instrumental in facilitating the transaction.
On the Map
$3,500,000
$875/SF
Mixed-use
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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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93