Aven Property Advisors Sells Mixed-Use Property In Carroll Gardens For $3.25M
213 Union Street, Carroll Gardens, Brooklyn, NY, USA
$3,250,000
$640/SF
Building Size
5,076 SF
Asset Type
Mixed-use
Closing
Sep 3, 2021
About this deal
AI
An mixed-use property located at 213 Union Street in Carroll Gardens has been sold for a price of $3,250,000. The property spans across 5,076 square feet, resulting in a price per square foot of $640. The transaction took place on 09/03/2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,250,000
- Address: 213 Union Street
- Market: Carroll Gardens
- Zoning: R6A, C2-4
The sale of the property was facilitated by broker Rich Velotta from avenPropertyAdvisors. He represented the seller and played a key role in the transaction.
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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93