Sam Kooris's Alchemy Ventures Acquires Mixed-Use Property In Park Slope For $4.9M
210 Prospect Park West, Brooklyn, NY 11215, USA
$4,925,000
$42/SF
Building Size
115,520 SF
Asset Type
Mixed-use
Closing
Oct 14, 2020
AI
A mixed-use property located at 210 Prospect Park West in Park Slope, Brooklyn has been sold. The transaction took place on October 15, 2020. The property, spanning 11,552 square feet, was sold for a price of $4,925,000, which translates to a price per square foot of $426. It consists of 16 units and is situated in the vibrant market of Park Slope, Brooklyn.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,925,000
- Square Footage: 11,552
- Address: 210 Prospect Park West, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
Leading the deal was Sam Kooris from Alchemy Ventures as the buyer. The transaction was facilitated by Peter Von Der Ahe, Shaun Riney, and Mark Zarrella from Marcus & Millichap, representing Alchemy Ventures in the sale of the property.
Note: No additional details are available regarding financing or any other parties involved in the transaction.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.22%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93