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
About this deal
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.
On the Map
$1,100,000
$443/SF
Mixed-use
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Players
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