Skybrook Capital Acquires Mixed-Use Asset At 17-21 Himrod Street Ridgewood For $1.2M
17 21 Himrod Street
$1,200,000
$266/SF
Building Size
4,500 SF
Asset Type
Mixed-use
Closing
Jun 12, 2025
AI
The mixed-use property located at 17-21 Himrod Street in the Ridgewood market has been sold for $1,200,000. The asset encompasses a total area of 4,500 square feet, resulting in a price per square foot of approximately $266.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,200,000
- Address: 17-21 Himrod Street
- Market: Ridgewood
- Square Footage: 4,500
- Price Per Square Foot: $266
- Buyer: Skybrook Capital
- Broker: Marcel Fridman - Barcel Group
Marcel Fridman from Barcel Group acted as the representative for the transaction. The deal was finalized on June 13, 2025, highlighting the involvement of Skybrook Capital as the buyer in this transaction.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93