Lake View Run LLC Purchases Mixed-Use Property At 323 5th Avenue In Park Slope For $3.5M
323 5th Avenue
$3,500,000
$1,227/SF
Building Size
2,851 SF
Asset Type
Mixed-use
Closing
Apr 30, 2026
About this deal
AI
A two-unit mixed-use building located at 323 5th Avenue in Park Slope, Brooklyn was sold for $3,500,000. The property encompasses a total square footage of 2,851, amounting to a price per square foot of $1,228, and has a price per unit of $1,750,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,500,000
- Sale Date: April 30, 2026
- Address: 323 5th Avenue
- Market: Park Slope, Brooklyn
- Square Footage: 2,851
- Price per Square Foot: $1,228
- Units: 2
- Price per Unit: $1,750,000
- Buyer: Lake View Run LLC
- Seller: Albert Dayan
Lake View Run LLC acquired the property from Albert Dayan, with the transaction closing on April 30, 2026, and recording on May 7, 2026.
On the Map
$3,500,000
$1,227/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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93