Samuel Kooris Acquires Mixed-Use Property On 225 5 Avenue In Park Slope For $5.15M
225 5 Ave, Brooklyn, New York 11215, United States
$5,150,000
$981/SF
Building Size
5,248 SF
Asset Type
Mixed-use
Closing
Oct 5, 2021
AI
A mixed-use property located at 225 5 Avenue in Park Slope has been sold for a price of $5,150,000. The property has a building square footage (BSF) of 4,920 and a price per BSF (PPBSF) of $1,046. The total square footage (SF) of the property is 5,248 and the price per SF (PPSF) is $981. The property has a floor area ratio (FAR) of 3.20 and a tax class of 2A. The lot size is 1,640 square feet and the lot dimensions are 20 ft x 82 ft. The property previously sold for $3,800,000 on December 17, 2014, and underwent an alteration 2 permit on November 19, 2018.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $5,150,000
- Market: Park Slope
- Zoning: R6A, C1-4
The buyer of the property is Samuel Kooris, and the seller is Jourdan E Krauss.
Players
Brooklyn 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93