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445 Court LLC Acquires Mixed-Use Property From Estate Of Ralph DiBenedetto For $3.35M In Brooklyn
SOLD
$3,352,000
New York
See Similar DealsMixed-use3,936 SF
Sold 05/03/2026
SOLD
445 Court LLC Acquires Mixed-Use Property From Estate Of Ralph DiBenedetto For $3.35M In Brooklyn
445 Court Street
See Similar DealsMixed-use3,936 SF
Sold 05/03/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$851
Total Square Footage:3,936 SF
Transaction Type:Sale
445 Court LLC purchased a mixed-use property located at 445 Court Street in Carroll Gardens, Brooklyn. The sale took place for a total of $3,352,000, with the property covering 3,936 square feet and a price per square foot of approximately $852.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,352,000
- Square Footage: 3,936
- Address: 445 Court Street
- Market: Carroll Gardens, Brooklyn
The seller of the property is the Estate of Ralph DiBenedetto. This transaction closed on May 3, 2026, marking the transfer of the asset from the estate to the buyer.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$178,773.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,908.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,890.19
Annual Debt Service$190,682.28
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