Carter Martin Acquires Mixed-Use Property In Brooklyn Heights For $8.6M
309 Henry Street
$8,627,060
$1,875/SF
Building Size
4,600 SF
Asset Type
Mixed-use
Closing
Sep 14, 2023
About this deal
AI
Located at 309 Henry Street in the Brooklyn Heights neighborhood of Brooklyn, this mixed-use property was recently sold in a transaction that took place on September 14, 2023. The property features a total building size of 5,618 square feet and a selling price of $8,627,060. The price per square foot for this property stands at $1,536, showcasing its value in the market. The property itself spans across 4,600 square feet, with a price per square foot of $1,875.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $8,627,060
- Address: 309 Henry Street, Brooklyn Heights, Brooklyn
- Market: Brooklyn Heights, Brooklyn
- BSF: 5,618
- PPBSF: $1,536
- SF: 4,600
- PPSF: $1,875
In this transaction, the buyer was identified as Carter Martin, while the seller was Gregory Fournier. These individuals played key roles in the successful sale of the property. Stay tuned for more updates on the property market in Brooklyn Heights.
On the Map
$8,627,060
$1,875/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
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93