Greg Fournier Acquires Mixed-Use Building At 417 Myrtle Avenue From Emma Curry For $2.7M
417 Myrtle Avenue
$2,700,000
$625/SF
Building Size
4,320 SF
Asset Type
Mixed-use
Closing
Aug 17, 2026
About this deal
AI
This mixed-use building located at 417 Myrtle Avenue in the Clinton Hill market was sold for $2,700,000. The asset spans a total square footage of 4,320, translating to a price per square foot of $625. The property was delivered with all three apartments vacant at closing.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,700,000
- Sale Date: 08/17/2026
- Buyer: Greg Fournier
- Seller: Emma Curry
- Brokers: Shaun Riney & Andrew Bronsteen - Marcus & Millichap
- Square Footage: 4,320
- Price Per Square Foot: $625
This transaction marks the third building sold on Myrtle Avenue by the NYM Team in 2026 and the eighth within the last five years. For further inquiries, interested parties can contact the deal team for more information or an evaluation of their assets.
Players
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93