Ceasar Salama & Izack Lati Of KSR Represent Buyer In $7.95M Mixed-Use Sale In Cobble Hill
178 Atlantic Avenue
$7,950,000
$789/SF
Building Size
10,070 SF
Asset Type
Mixed-use
Closing
Sep 15, 2026
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 178-180 Atlantic Avenue in Cobble Hill. The sale price was $7,950,000 for an approximate total area of 10,070 square feet, which translates to a price per square foot of $789.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,950,000
- Address: 178-180 Atlantic Avenue
- Market: Cobble Hill
- Square Footage: 10,070
- Price per Square Foot: $789
- Buyer's Representative: Ceasar Salama & Izack Lati - KSR
- Seller's Representatives: Brandon Polakoff, Joseph Moran & Miles Davis-Bosch - Avison Young
This transaction involved significant representation with Ceasar Salama and Izack Lati acting on behalf of the buyer, representing their interests in the acquisition process. Meanwhile, the seller was represented by a team from Avison Young, including Brandon Polakoff, Joseph Moran, and Miles Davis-Bosch, facilitating the sale and transitioning of the property.
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
2.00%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93