Alchemy Ventures Acquires Mixed-Use Property In Carroll Gardens For $5.88M
374 Court Street, Carroll Gardens, Brooklyn, NY, USA
$5,880,000
$793/SF
Building Size
7,410 SF
Asset Type
Mixed-use
Closing
Oct 8, 2021
AI
374-376 Court Street in Carroll Gardens has been sold for a total price of $5,880,000. The mixed-use property, with a tax class of 2B, offers 7,410 square feet of space. The transaction took place on October 8, 2021, and the buyer is Alchemy Ventures, represented by Sam Kooris. The seller, Marcelo Leon, was represented by Sam Schertz and Baruch Edelkopf of Schuckman Realty.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,880,000
- Address: 374-376 Court Street
- Market: Carroll Gardens
- Tax Class: 2B
In addition to this sale, Schuckman Realty's Investment Sales Team is actively working on multi-family, development, and retail sites across the boroughs and Long Island. For more information, contact Sam Schertz at [email protected].
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
2.70%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93