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411 7th Avenue

Adam J Hess & Edward Setton Of Sterling Property Group NY Facilitate $4.3M Mixed-Use Sale In Park Slope
SOLDMixed-use

Adam J Hess & Edward Setton Of Sterling Property Group NY Facilitate $4.3M Mixed-Use Sale In Park Slope

411 7th Avenue

$4,300,000

$673/SF

Building Size

6,388 SF

Asset Type

Mixed-use

Closing

Nov 18, 2025

AI

This mixed-use property located at 411 7th Avenue in the Park Slope market has been sold for a total of $4,300,000. The asset comprises 6 units and offers a square footage of 6,388. The price per unit (PPU) stands at $716,666, while the price per square foot (PPSF) is recorded at $673.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,300,000
  • Units: 6
  • PPU: $716,666
  • Square Footage: 6,388
  • PPSF: $673
  • Date: 11/19/2025
  • Brokers: Adam J Hess & Edward Setton - Sterling Property Group NY

Adam J Hess and Edward Setton, representing Sterling Property Group NY, facilitated this transaction, bringing their expertise to the closing of this deal on November 19, 2025.

Players

Edward Setton

Sterling Property Group NY

Broker

$251.4M

vol

55 deals

Broker
Sterling Property Group NY
Sterling Property Group NY Brokerage

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

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93