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
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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