facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

225 5 Ave, Brooklyn, New Yo...

Samuel Kooris Acquires Mixed-Use Property On 225 5 Avenue In Park Slope For $5.15M
SOLDMixed-use

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

Samuel Kooris

Alchemy Ventures

Buyer

$61.8M

vol

7 deals

Buyer

Jourdan Krauss

Seller

$23.3M

vol

3 deals

Seller

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