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222 Lenox Road

Estefania Knight Purchases Mixed-Use Property At 222 Lenox Road In Flatbush For $14.17M
SOLDMixed-use

Estefania Knight Purchases Mixed-Use Property At 222 Lenox Road In Flatbush For $14.17M

222 Lenox Road

$14,166,088

$96/SF

Building Size

146,660 SF

Asset Type

Mixed-use

Closing

Mar 31, 2026

AI

Estefania Knight purchased a 146,660-square-foot mixed-use property located at 222 Lenox Road in Flatbush, Brooklyn, from David Barse for $14,166,088. The transaction closed on March 31, 2026, with a price of approximately $97 per square foot.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $14,166,088
  • Address: 222 Lenox Road
  • Market: Flatbush, Brooklyn
  • Square Footage: 146,660
  • Price per Square Foot: $97
  • Buyer: Estefania Knight
  • Seller: David Barse
  • Sale Date: March 31, 2026

The buyer, Estefania Knight, acquired the property from the seller, David Barse, marking a significant transaction in the Brooklyn real estate market. This deal reflects the ongoing interest in mixed-use developments within the area.

Players

Estefania Knight

Buyer

$119.6M

vol

7 deals

Buyer

David Barse

Seller

$80.8M

vol

5 deals

Seller

Brooklyn 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

1.12%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93