311 Warren LLC Acquires Mixed-Use Property At 311 Warren Street In Cobble Hill For $6M
311 Warren Street
$6,000,000
$1,029/SF
Building Size
5,826 SF
Asset Type
Mixed-use
Closing
Jul 29, 2026
AI
The property asset involved in this transaction is a mixed-use property located at 311 Warren Street in the Cobble Hill market of Brooklyn. The deal was completed for a total price of $6,000,000, equating to $1,030 per square foot for the 5,826-square-foot property.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,000,000
- Square Footage: 5,826
- Price per Square Foot: $1,030
- Buyer: 311 Warren LLC
- Seller: Donald Boyce
- Sale Date: July 29, 2026
- Address: 311 Warren Street
- Market: Cobble Hill, Brooklyn
In this transaction, 311 Warren LLC acted as the buyer, acquiring the property from seller Donald Boyce. The agreement was officially closed on July 29, 2026, solidifying the ownership transfer of the mixed-use property.
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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93