Pamela Peterson Acquires Mixed-use Property In Red Hook, Brooklyn For $3.5M
442 Van Brunt Street, Brooklyn, NY 11231
$3,500,000
$933/SF
Building Size
3,750 SF
Asset Type
Mixed-use
Closing
Nov 26, 2018
AI
Located at 442 Van Brunt Street in Red Hook, Brooklyn, this mixed-use property was recently sold in a closed transaction. The property spans across 3,750 square feet and features a sale price of $3,500,000, resulting in a price per square foot of $933.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,500,000
- Square Footage: 3,750
- Address: 442 Van Brunt Street, Red Hook, Brooklyn
- Seller: Jennifer Bonjean
- Buyer: Pamela Peterson
- Seller's Representative: Orren Azani - N/A
- Buyer's Representative: Dennis Cetinkaya - N/A
Dennis Cetinkaya represented the buyer, Pamela Peterson, in this transaction, while Orren Azani represented the seller, Jennifer Bonjean.
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93