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 Brooklyn, 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 Brooklyn, 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 Brooklyn sit in the Market section below. Filter that Brooklyn 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 Brooklyn, New York.
On the Map
$3,750,000
$416/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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93