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226 7th Avenue

Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $11,150,000 sale for two mixed-use properties located in Brooklyn, NY
SOLDMixed-use

Black Bear Capital Partners (“BBCP”) is pleased to announce the successful closing of a $11,150,000 sale for two mixed-use properties located in Brooklyn, NY

226 7th Avenue & 400 7th Avenue

$11,150,000

$422/SF

Building Size

26,400 SF

Asset Type

Mixed-use

Closing

Mar 6, 2026

AI

A mixed-use property located at 226 7th Avenue & 400 7th Avenue in Brooklyn has been sold. The transaction was completed for a total of $11,150,000, equating to a price per square foot of $845 for a total area of 13,200 square feet.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $11,150,000
  • Square Footage: 13,200
  • Price per Square Foot: $845
  • Buyer: Black Bear Asset Management
  • Buyer's Representative: Bryan Manz, David Michalski & Robert Serra - Black Bear Capital Partners
  • Transaction Date: 3/6/2026

The deal was facilitated by key individuals from Black Bear Capital Partners, who represented Black Bear Asset Management in this transaction, demonstrating a collaborative effort in the acquisition process.

Players

Bryan Manz

Black Bear Capital Partners

Broker

$1.6B

vol

63 deals

Broker

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

1.42%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93