SOLDMixed-use
Avishy Fisher Acquires Mixed-Use Building In Gowanus Brooklyn For $3.25 Million
254 4th Avenue
$3,250,000
$781/SF
Building Size
4,160 SF
Asset Type
Mixed-use
Closing
Jul 12, 2026
AI
Avishy Fisher acquired a 4,160-square-foot mixed-use building located at 254 4th Avenue in Gowanus, Brooklyn for $3.25 million. The sale was completed at a price of $781 per square foot.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,250,000
- Address: 254 4th Avenue
- Market: Gowanus, Brooklyn
- Square Footage: 4,160
- Price per Square Foot: $781
- Buyer: Avishy Fisher
- Seller: Brooklyn Setsun, LLC
The transaction saw Avishy Fisher represent the buyer, while Brooklyn Setsun, LLC represented the seller in this deal.
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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93