Mixed-Use Building At 162 Court Street Sold For $9.25M In Cobble Hill With Avison Young Brokers
162 Court Street
$9,250,000
$1,069/SF
Building Size
8,647 SF
Asset Type
Mixed-use
Closing
Jun 25, 2026
AI
The property asset involved in this transaction is a mixed-use building located at 162 Court Street in Cobble Hill. The sale price for the property was $9,250,000, which translates to approximately $1,069 per square foot for the total area of 8,647 square feet.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $9,250,000
- Square Footage: 8,647
- Price per Square Foot: $1,069
- Address: 162 Court Street
- Market: Cobble Hill
- Brokers: Frederick Richter, Brent Glodowski, Joseph Moran & Miles Davis-Bosch - Avison Young
The deal was facilitated by a team of brokers from Avison Young, consisting of Frederick Richter, Brent Glodowski, Joseph Moran, and Miles Davis-Bosch, who represented the transaction. Their collective efforts contributed to the successful completion of the sale.
Players
Market 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
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93