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446 Bay Ridge Parkway

Dr. Vincent Adamo Acquires Mixed-Use Property From Josephine Dunn In Brooklyn For $1.1M
SOLDMixed-use

Dr. Vincent Adamo Acquires Mixed-Use Property From Josephine Dunn In Brooklyn For $1.1M

446 Bay Ridge Parkway

$1,100,000

$443/SF

Building Size

2,480 SF

Asset Type

Mixed-use

Closing

Apr 10, 2025

AI

The property asset involved in this transaction is a mixed-use building located at 446 Bay Ridge Parkway in the Brooklyn market. The sale price for the property was $1,100,000, encompassing a total square footage of 2,480, resulting in a price per square foot of $443.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,100,000
  • Address: 446 Bay Ridge Parkway
  • Market: Brooklyn
  • Square Footage: 2,480
  • Price Per Square Foot: $443
  • Buyer: Dr. Vincent Adamo, DC
  • Seller: Josephine Dunn
  • Broker: Jess Prichard - Platinum Properties

Dr. Vincent Adamo, DC is the buyer of the property, while Josephine Dunn is the seller in this transaction. The broker representing the transaction is Jess Prichard from Platinum Properties, facilitating the exchange between the buyer and seller.

Players

Jess Prichard

Broker

$4.5M

vol

2 deals

Broker
Platinum Commercial
Platinum CommercialBrokerage

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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93