Quan Chan Acquires Mixed-use Building From Estate Of Gregory Pasternak In Brooklyn For $2.275M
241 Grand Street
$2,275,026
$402/SF
Building Size
5,650 SF
Asset Type
Mixed-use
Closing
Feb 9, 2026
About this deal
AI
The property asset involved in the transaction is located at 241 Grand Street in Brooklyn. This mixed-use asset consists of one commercial unit and three residential units, encompassing a total square footage of 3,752. The sale price for the property was $2,275,026, resulting in a price per unit of $568,756.5 and a price per square foot of $606.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 3 Residential)
- Transaction Amount: $2,275,026
- Units: 4
- Square Footage: 3,752
- Price per Unit: $568,756.5
- Price per Square Foot: $606
- Buyer: Quan Chan
- Seller: Estate of Gregory Pasternak
- Broker: Thomas Horodecki - Capri Jet Realty
This deal was facilitated by broker Thomas Horodecki, representing Capri Jet Realty, highlighting his role in connecting the buyer, Quan Chan, with the seller, the Estate of Gregory Pasternak. The transaction took place on February 10, 2026.
On the Map
$2,275,026
$402/SF
Mixed-use
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Players
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
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93