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441 Myrtle Avenue

Thomas Leung Acquires Mixed-Use Property At 441 Myrtle Avenue Brooklyn For $3.5M
SOLDMixed-use

Thomas Leung Acquires Mixed-Use Property At 441 Myrtle Avenue Brooklyn For $3.5M

441 Myrtle Avenue

$3,500,000

$1,060/SF

Building Size

3,300 SF

Asset Type

Mixed-use

Closing

Nov 12, 2025

AI

The mixed-use property located at 441 Myrtle Avenue in Brooklyn has been sold for $3,500,000. This asset features two units and has a total square footage of 3,300, resulting in a price per unit of $1,750,000 and a price per square foot of $1,060.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • Units: 2
  • Square Footage: 3,300
  • Price Per Unit: $1,750,000
  • Price Per Square Foot: $1,060
  • Buyer: Thomas Leung
  • Seller: Silberstein Family
  • Buyer's Representative: Celine Elazari - Grand Group Realty
  • Seller's Representative: Marcel Fridman - Barcel Group

In this transaction, Thomas Leung acquired the property from Silberstein Family, with Celine Elazari representing the buyer and Marcel Fridman representing the seller.

Players

Marcel Fridman

Barcel Group

Broker

$451.5M

vol

141 deals

Broker

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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93