Adam Mitchenson & Jessica Mezei Acquire Mixed-Use Property In Columbia Waterfront District, BK For $2.1M
SOLD
$2,157,250
+ 1
New York
See Similar DealsMixed-use3,163 SF
Sold 03/16/2020
SOLD
Adam Mitchenson & Jessica Mezei Acquire Mixed-Use Property In Columbia Waterfront District, BK For $2.1M
203 Columbia St, Brooklyn, NY 11231, USA
See Similar DealsMixed-use3,163 SF
Sold 03/16/2020
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$682
Total Square Footage:3,163 SF
Transaction Type:Sale
203 Columbia St in the Columbia Waterfront District, BK has been sold in a closed transaction. The mixed-use property spans 3,163 square feet and was sold for a price of $2,157,250, resulting in a price per square foot of $682. The property is located in the desirable Columbia Waterfront District area of Brooklyn.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,157,250
- Square Footage: 3,163
- Price Per Square Foot: $682
- Address: 203 Columbia St
- Market: Columbia Waterfront District, BK
The seller of the property was Susan Schwartz, while Adam Mitchenson and Jessica Mezei were the buyers. The deal was facilitated by TerraCRG, with Peter Schubert, Matt Cosentino, and Nicholas Hershey serving as the brokers representing the parties involved.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$115,053.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,664.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,226.47
Annual Debt Service$122,717.59
Is there something missing? Send suggestions