Fran Mora Sells Mixed-Use Property In Gowanus For $2.8M With Brokers Matt Fotis & Chase Midgley
441 3rd Avenue, Brooklyn, New York 11215, United States
$2,800,000
$552/SF
Building Size
5,070 SF
Asset Type
Mixed-use
Closing
Apr 13, 2022
AI
The mixed-use property located at 441 3rd Ave in Gowanus has been sold for a price of $2,800,000. The property spans 5,070 square feet, resulting in a price per square foot of $552. The sale took place on April 14, 2022, and the transaction was facilitated by brokers Matt Fotis and Chase Midgley from Marcus & Millichap. The seller of the property was Fran Mora.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,800,000
- Square Footage: 5,070
- Price per Square Foot: $552
- Address: 441 3rd Ave
- Market: Gowanus
Matt Fotis and Chase Midgley from Marcus & Millichap represented the seller, Fran Mora, in this transaction.
Players
New York 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93