Agnes Muczynski Acquires Mixed-Use Property On Greenpoint Avenue For $2.5M
179 Greenpoint Avenue, Brooklyn, NY 11222
$2,500,000
$666/SF
Building Size
3,750 SF
Asset Type
Mixed-use
Closing
Jul 5, 2018
About this deal
AI
Located at 179 Greenpoint Avenue, this mixed-use property recently closed in a sale transaction. The property was sold by The Makowski Family to Agnes Muczynski. The sale was facilitated by brokers Mike Salvatico and Shaun Riney from New York Multifamily. The transaction took place on July 6, 2018, with the property being delivered vacant in shell condition.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,500,000
- Square Footage: 3,750
- Price per Square Foot: $783.21
Agnes Muczynski purchased the property for her office, indicating that she intends to utilize the building for her own business purposes.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93