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200 Columbia St, Brooklyn, ...

Updated Dec 21, 2023

Nao Minami Acquires Mixed-Use Property In Carrol Gardens, Brooklyn For $3M
SOLDMixed-use

Nao Minami Acquires Mixed-Use Property In Carrol Gardens, Brooklyn For $3M

200 Columbia St, Brooklyn, NY 11231, USA

$3,000,000

$496/SF

Building Size

6,048 SF

Asset Type

Mixed-use

Closing

Aug 11, 2020

About this deal

AI

The mixed-use property located at 200 Columbia Street in Carrol Gardens, Brooklyn has been sold for a price of $3,000,000. The property spans a total of 6,048 square feet, resulting in a price per square foot of $496. It consists of 7 units, including 1 commercial space and 6 apartments, with a price per unit of approximately $428,571.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,000,000
  • Address: 200 Columbia Street, Carrol Gardens, Brooklyn
  • Market: Carrol Gardens, Brooklyn

The buyer in this transaction was Nao Minami, and the seller was Shmary Baumgarten. The brokers involved in the deal were Peter Von Der Ahe, Shaun Riney, Dan Greenblatt, and Mike Salvatico.

Players

Michael Salvatico

Marcus & Millichap

Broker

$840.8M

vol

184 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.9B

vol

377 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $496 per square foot on a published $3M for 6,048 square feet (2020).

Visit Michael (Mike) Salvatico to view all their deals.

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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