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4802 4th Avenue, Brooklyn, ...

Updated Dec 20, 2023

Joseph Hentze Sells Mixed-use Property In Sunset Park For $3.75M With Brokers Yosef Katz, Erik Yankelovich, Shlomo Antebi & Natan Safdieh
SOLDMixed-use

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

About this deal

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.

The mixed use sale at 4802 4th Avenue, Brooklyn, New York 11220, United States in New York, New York sold for $3.8M in 2022. The building is 9,000 square feet, implying about 416 per square foot on the published price. Yosef Katz, Shlomo Antebi, Natan Safdieh, Erik Yankelovich appear on the sale alongside Atlas Realty Group. This page is the New York, New York file for the 4802 4th Avenue, Brooklyn, New York 11220, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 4802 4th Avenue, Brooklyn, New York 11220, United States around 2022. Published consideration for 4802 4th Avenue, Brooklyn, New York 11220, United States is $3.8M, dated 2022. Cite this Joseph Hentze Sells Mixed-use Property In Sunset Park For $3.75M With Brokers Yosef Katz, Erik Yankelovich, Shlomo Antebi & Natan Safdieh sale when underwriting similar mixed use product around New York, New York.

Players

Natan Safdieh

Atlas Realty Group

Broker

$113.5M

vol

22 deals

Broker
Bilt advertisement

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $416 per square foot on a published $3.8M for 9,000 square feet (2022).

Visit Yosef Katz to view all their deals.

Browse New York mixed use sales on Traded.

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

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