Gloria Perrotta Sells Mixed-Use Property On 177 Atlantic Avenue In Brooklyn Heights, Brooklyn For $3.85M
177 Atlantic Avenue, Brooklyn, NY, USA
$3,850,000
$616/SF
Building Size
6,250 SF
Asset Type
Mixed-use
Closing
Oct 21, 2020
About this deal
AI
The mixed-use property located at 177 Atlantic Avenue in Brooklyn Heights, Brooklyn was sold on October 22, 2020. The transaction was facilitated by brokers Santo Rosabianca and Joseph Stumpo from ireInternationalRealty. The seller, Gloria Perrotta, successfully closed the deal at a price of $3,850,000. The property spans an area of 6,250 square feet, resulting in a price per square foot of $616.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,850,000
- Address: 177 Atlantic Avenue, Brooklyn Heights, Brooklyn
- Market: Brooklyn Heights, Brooklyn
In this sale transaction, Gloria Perrotta served as the seller. She entrusted Santo Rosabianca and Joseph Stumpo from ireInternationalRealty to represent her on the deal. This successful transaction showcases the expertise of the brokers in closing mixed-use property deals in Brooklyn Heights.
On the Map
$3,850,000
$616/SF
Mixed-use
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Players
New York 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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93