Adam Mitchenson & Jessica Mezei Acquire Mixed-Use Property In Columbia Waterfront District, BK For $2.1M
203 Columbia St, Brooklyn, NY 11231, USA
$2,157,250
$682/SF
Building Size
3,163 SF
Asset Type
Mixed-use
Closing
Mar 15, 2020
About this deal
AI
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.
On the Map
$2,157,250
$682/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
7.35%
Cash-on-Cash
-2.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93