Greenbrook Partners Acquires Mixed-Use Property From Ponsiglione Family For $6.1M In Carroll Gardens
SOLD
$6,100,000
New York
See Similar DealsMixed-use7,200 SF
Sold 01/16/2026
SOLD
Greenbrook Partners Acquires Mixed-Use Property From Ponsiglione Family For $6.1M In Carroll Gardens
390 Court Street
See Similar DealsMixed-use7,200 SF
Sold 01/16/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$847
Total Square Footage:7,200 SF
Transaction Type:Sale
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.
Players
BROKERAGE
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$325,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,672.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,917.11
Annual Debt Service$347,005.34
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