Kevin Lunney Sells Mixed-Use Property At 372 Myrtle Avenue In Fort Greene For $2.6M
372 Myrtle Avenue
$2,600,000
$619/SF
Building Size
4,200 SF
Asset Type
Mixed-use
Closing
May 7, 2026
AI
The property asset involved in this transaction is a mixed-use building located at 372 Myrtle Avenue in Fort Greene, Brooklyn NY. It features 2 apartments and 1 store, with a sale price of $2,600,000. The property comprises a total of 4,200 square feet, resulting in a price per unit of $866,667 and a price per square foot of $619.
Summary of transaction details:
- Property Type: Mixed-use (2 Apartments & 1 Store)
- Transaction Amount: $2,600,000
- Units: 3
- Square Footage: 4,200
- Price Per Unit: $866,667
- Price Per Square Foot: $619
- Seller: Kevin Lunney
- Broker Representation: Sean Mashihi, Gabriel Kates & Jason Botesazan - Block Real Estate Group
The deal was facilitated by brokers Sean Mashihi, Gabriel Kates, and Jason Botesazan, representing the seller Kevin Lunney. The transaction was completed on May 8, 2026, highlighting the involvement of professionals in the real estate space to navigate this mixed-use property deal.
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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93