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210 Prospect Park West, Bro...

Sam Kooris's Alchemy Ventures Acquires Mixed-Use Property In Park Slope For $4.9M
SOLDMixed-use

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

Peter Von Der Ahe

Marcus & Millichap

Broker

$1.4B

vol

110 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.8B

vol

358 deals

Broker
Sam Kooris

Sam Kooris

Alchemy Ventures

Buyer

$76.6M

vol

13 deals

Buyer

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

3.22%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93