facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

431 Metropolitan Avenue

Dino Gaudino Sells Mixed-Use Property On Metropolitan Avenue In Williamsburg For $1.91M
SOLDMixed-use

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.

Note from Capri Jet Realty: Capri Jet Realty has been in business for over 30 years and specializes in the sale of multi-families, mixed-use investment properties, and development sites. Their office is located at 533 Metropolitan Avenue in Williamsburg. Interested parties can contact Theo Eastwind at @theoeastwind.re or 718-536-7787 for any off-market deals as well.

Players

Theo Eastwind

Capri Jet Realty

Broker

$42.1M

vol

13 deals

Broker

Market Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

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