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
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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