Investment Property Realty Group Acquires Mixed-Use Property In Carroll Gardens For $1.9M
392 Court Street
$1,900,000
$791/SF
Building Size
2,400 SF
Asset Type
Mixed-use
Closing
Dec 16, 2022
About this deal
AI
A mixed-use property located at 392 Court Street in the Carroll Gardens market has been sold for a price of $1,900,000. This property spans across 2,400 square feet and was sold at a rate of $792 per square foot.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $1,900,000
- Property Size: 2,400 square feet
- Price Per Square Foot: $792
- Address: 392 Court Street
- Market: Carroll Gardens
The sale of this mixed-use property at 392 Court Street was facilitated by Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring from Investment Property Realty Group (IPRG). Their expertise and representation played a crucial role in this transaction.
Players
Carroll Gardens Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Toby Waring to view all their deals.
Browse Carroll Gardens mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93