Terra CRG Brokers Matt Cosentino & Remi Norris Sell Mixed-Use Property In Park Slope, Brooklyn For $5.35M
356 7th Avenue, Brooklyn, New York 11215, United States
$5,350,000
$891/SF
Building Size
6,000 SF
Asset Type
Mixed-use
Closing
Feb 28, 2022
About this deal
AI
A mixed-use property located at 356-358 7th Avenue in Park Slope, Brooklyn has been sold for a total price of $5,350,000. The property spans 6,000 square feet, resulting in a price per square foot of $891.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,350,000
- Address: 356-358 7th Avenue, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
The sale of this mixed-use property was facilitated by brokers Matt Cosentino and Remi Norris from Terra CRG.
The mixed use sale at 356 7th Avenue, Brooklyn, New York 11215, United States in New York, New York sold for $5.4M in 2022. The building is 6,000 square feet, implying about 891 per square foot on the published price. Remi Norris, Matthew (Matt) Cosentino, Terra CRG appear on the sale alongside Terra CRG. This page is the New York, New York file for the 356 7th Avenue, 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 356 7th Avenue, Brooklyn, New York 11215, United States around 2022. Published consideration for 356 7th Avenue, Brooklyn, New York 11215, United States is $5.4M, dated 2022. Cite this Terra CRG Brokers Matt Cosentino & Remi Norris Sell Mixed-Use Property In Park Slope, Brooklyn For $5.35M 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93