Li Lan Wu Purchases Mixed-use Property From Cianciolo Giuseppe In Brooklyn For $2.7M
4814 8th Avenue
$2,700,000
$605/SF
Building Size
4,458 SF
Asset Type
Mixed-use
Closing
Jun 17, 2026
AI
This mixed-use property located at 4814 8th Avenue in Brooklyn has a sale price of $2,700,000. The asset comprises a total square footage of 4,458, resulting in a price per square foot of $605.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,700,000
- Buyer: Li Lan Wu
- Seller: Cianciolo Giuseppe
- Brokers: Vito Angelo (TheVitoAngeloShow) & Billy Apter - Re/Max
Vito Angelo and Billy Apter facilitated the transaction, representing the buyer and seller respectively. The engagement reflects a strategic partnership between the brokers and the clients involved in the sale.
Players
Market 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93