Ramsaroop Family Sells Mixed-Use Property In Park Slope For $3 Million With Buyer’s Rep Remi Norris & John Ceccoli
436 4th Street
$3,000,000
$666/SF
Building Size
4,500 SF
Asset Type
Mixed-use
Closing
Sep 17, 2026
About this deal
AI
The asset at 436 4th Avenue is a mixed-use property comprising 2 commercial units and 4 residential units, located in the Park Slope neighborhood of Brooklyn. The transaction was closed at a sale price of $3,000,000, representing a price per unit of $500,000. The property spans 4,500 square feet, equating to a price per square foot of $667.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,000,000
- Units: 6
- Price per Unit: $500,000
- Square Footage: 4,500
- Price per Square Foot: $667
- Seller: Ramsaroop Family
- Buyer's Representative: Remi Norris & John Ceccoli - Terra CRG
Remi Norris and John Ceccoli from Terra CRG represented the buyer in this transaction, facilitating the deal for the Ramsaroop Family, the seller of the property located at 436 4th Avenue.
On the Map
$3,000,000
$666/SF
Mixed-use
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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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93