Adam J Hess & Edward Setton Of Sterling Property Group NY Facilitate $4.3M Mixed-Use Sale In Park Slope
SOLD
$4,300,000
New York
See Similar DealsMixed-use6,388 SF
Sold 11/19/2025
SOLD
Adam J Hess & Edward Setton Of Sterling Property Group NY Facilitate $4.3M Mixed-Use Sale In Park Slope
411 7th Avenue
See Similar DealsMixed-use6,388 SF
Sold 11/19/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$673
Total Square Footage:6,388 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$229,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33
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