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4219 18th Avenue

Updated Jul 16, 2025

Lieberman Family Acquires Mixed-use Property From East Coast Properties For $6.25 Million
SOLDMixed-use

Lieberman Family Acquires Mixed-use Property From East Coast Properties For $6.25 Million

4219 18th Avenue

$6,250,000

$148/SF

Building Size

42,120 SF

Asset Type

Mixed-use

Closing

Jun 25, 2025

About this deal

AI

The property located at 4219 18th Avenue in Brooklyn is a mixed-use asset. The sale price was $6,250,000, comprising 42 units and a total square footage of 42,120, resulting in a price per unit of $148,810 and a price per square foot of $148.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $6,250,000
  • Buyer: Lieberman Family
  • Seller: East Coast Properties
  • Brokers: Erik Yankelovich, Shlomo Antebi & Yosef Katz - Atlas Realty Group
  • Units: 42
  • Square Footage: 42,120
  • Price Per Unit: $148,810
  • Price Per Square Foot: $148

The transaction involved notable brokers Erik Yankelovich, Shlomo Antebi, and Yosef Katz, who represented the parties involved in the deal, facilitating the successful completion of this transaction.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

135 deals

Broker
Atlas Realty Group
Atlas Realty GroupBrokerage
East Coast Properties & Commercial Real Estate
East Coast Properties & Commercial Real EstateSeller

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $148 per square foot on a published $6.3M for 42,120 square feet (2025).

Visit Yosef Katz to view all their deals.

Browse Brooklyn mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.54%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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