Greenbrook Partners Acquires Mixed-Use Property From Ponsiglione Family For $6.1M In Carroll Gardens
390 Court Street
$6,100,000
$847/SF
Building Size
7,200 SF
Asset Type
Mixed-use
Closing
Jan 15, 2026
About this deal
AI
A mixed-use property located at 390 Court Street in the Carroll Gardens market has been sold for $6,100,000. The asset spans 7,200 square feet, equating to a price per square foot of $847.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $6,100,000
- Address: 390 Court Street
- Market: Carroll Gardens
- Square Footage: 7,200
- Price Per Square Foot: $847
- Buyer: Greenbrook Partners
- Seller: Ponsiglione Family
- Brokers: Remi Norris & Matthew Cosentino - Terra CRG
The transaction involved Greenbrook Partners acquiring the property from the Ponsiglione Family, with representation provided by Remi Norris and Matthew Cosentino of Terra CRG.
On the Map
$6,100,000
$847/SF
Mixed-use
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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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93