Meridian Capital Group Brokers Sell Mixed-Use Property In Park Slope For $5.15M
331 13th Street, Brooklyn, New York 11215, United States
$5,150,000
$491/SF
Building Size
10,484 SF
Asset Type
Mixed-use
Closing
Mar 28, 2022
About this deal
AI
The mixed-use property at 331 13th Street in Park Slope has been sold for $5,150,000. The transaction took place on 03/29/2022. The property spans 10,484 square feet, resulting in a price per square foot of $491.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,150,000
- Address: 331 13th Street
- Market: Park Slope
The sale of this property was facilitated by Adam J Hess and Edward Setton of the Meridian Capital Group.
The mixed use sale at 331 13th Street, Brooklyn, New York 11215, United States in New York, New York sold for $5.2M in 2022. The building is 10,484 square feet, implying about 491 per square foot on the published price. Edward (Eddie) Setton, Adam J Hess, Meridian Capital Group appear on the sale alongside Meridian Capital Group. This page is the New York, New York file for the 331 13th Street, Brooklyn, New York 11215, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 331 13th Street, Brooklyn, New York 11215, United States around 2022. Published consideration for 331 13th Street, Brooklyn, New York 11215, United States is $5.2M, dated 2022. Cite this Meridian Capital Group Brokers Sell Mixed-Use Property In Park Slope For $5.15M sale when underwriting similar mixed use product around New York, New York.
Players
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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93