Comjem Associates Acquires Mixed-Use Property In Park Slope For $4.8M
455 1st Street, Brooklyn, New York 11215, United States
$4,800,000
$996/SF
Building Size
4,816 SF
Asset Type
Mixed-use
Closing
Aug 2, 2022
About this deal
AI
Located at 455 1st Street in the Park Slope market, this mixed-use property was recently sold. The transaction took place on August 3, 2022, with a sale price of $4,800,000. The property spans across 4,816 square feet, resulting in a price per square foot of $986.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,800,000
- Address: 455 1st Street, Park Slope
- Market: Park Slope
The buyer of this property is Comjem Associates, represented by their broker in the deal. On the other hand, Howard Pronsky and Rebecca Pronsky acted as the sellers. These key individuals played essential roles in the transaction, ensuring its successful completion.
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93