Dino Gaudino Sells Mixed-Use Property On Metropolitan Avenue In Williamsburg For $1.91M
431 Metropolitan Avenue
$1,910,000
$677/SF
Building Size
2,820 SF
Asset Type
Mixed-use
Closing
Mar 17, 2023
AI
The mixed-use property located at 431 Metropolitan Avenue in Williamsburg, Brooklyn was recently sold for a total price of $1,910,000. The property spans across 2,820 square feet, resulting in a price per square foot of $677.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $1,910,000
- Square Footage: 2,820
- Price per Square Foot: $677
- Address: 431 Metropolitan Avenue
- Market: Williamsburg, Brooklyn
The seller of the property was Dino Gaudino. The brokerage firm that handled the transaction was Capri Jet Realty, with Theo Eastwind representing the seller. Capri Jet Realty is based in Williamsburg, Brooklyn and specializes in the sale of multi-families, mixed-use investment properties, and development sites.
Players
Market 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
8.31%
Cash-on-Cash
-2.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93