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390 Court Street

Greenbrook Partners Acquires Mixed-Use Property From Ponsiglione Family For $6.1M In Carroll Gardens
SOLDMixed-use

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

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.

Players

Matthew Cosentino

Terra CRG

Broker

$319M

vol

81 deals

Broker
Terra CRG
Terra CRGBrokerage
Greenbrook Partners
Greenbrook PartnersBuyer

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