Joseph Hentze Sells Mixed-use Property In Sunset Park For $3.75M With Brokers Yosef Katz, Erik Yankelovich, Shlomo Antebi & Natan Safdieh
4802 4th Avenue, Brooklyn, New York 11220, United States
$3,750,000
$416/SF
Building Size
9,000 SF
Asset Type
Mixed-use
Closing
Jun 8, 2022
AI
A mixed-use property located at 4802 4th Ave. in Sunset Park has been sold for $3,750,000. The property spans 9,000 square feet, resulting in a price per square foot of $416.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,750,000
- Address: 4802 4th Ave.
- Market: Sunset Park
The sale was facilitated by Yosef Katz, Erik Yankelovich, Shlomo Antebi, and Natan Safdieh of Atlas Realty Group Partners LLC, who represented the seller, Joseph Hentze.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93