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272 Meserole Avenue, Brookl...

Gina Argento Acquires Mixed-Use Property In Greenpoint For $3.5M
SOLDMixed-use

Gina Argento Acquires Mixed-Use Property In Greenpoint For $3.5M

272 Meserole Avenue, Brooklyn, New York 11222, United States

$3,500,000

$136/SF

Building Size

25,716 SF

Asset Type

Mixed-use

Closing

Jun 29, 2022

AI

Located at 272 Meserole Avenue and 279 North Henry Street in Greenpoint, this mixed-use property was recently sold for $3,500,000. Spanning 25,716 square feet, the property was purchased by Gina Argento from Mark Klich.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • Address: 272 Meserole Avenue and 279 North Henry Street, Greenpoint
  • Market: Greenpoint
  • Square Footage: 25,716

Gina Argento acquired this mixed-use property from Mark Klich in a transaction worth $3,500,000. The property is located at 272 Meserole Avenue and 279 North Henry Street in the vibrant market of Greenpoint.

Players

Gina Argento

Broadway Stages

Buyer

$87.4M

vol

8 deals

Buyer

New York 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93