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Derby Copeland Capital Acquires Mixed-Use Property In Carroll Gardens For $3.1M

Property Image
SOLD
$3,100,000
Robert Burton
Daniel (Dan) O'Brien
+ 3

New York

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Mixed-use4,000 SF
Sold 05/03/2021
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Property Image
SOLD

Derby Copeland Capital Acquires Mixed-Use Property In Carroll Gardens For $3.1M

494 Henry Street, Carroll Gardens, Brooklyn, NY, USA

See Similar Deals
Mixed-use4,000 SF
Sold 05/03/2021
Robert Burton
Daniel (Dan) O'Brien
+ 3
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$775
Total Square Footage:4,000 SF
Transaction Type:Sale

A mixed-use property located at 494 Henry Street in Carroll Gardens, Brooklyn, was recently sold. The property is zoned as R6A and C2-4, allowing for both residential and commercial use. With a total square footage of 4,000, the property consists of 4 units. The sale price for this transaction was $3,100,000, with a price per square foot of $775.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,100,000
  • Address: 494 Henry Street
  • Market: Carroll Gardens, Brooklyn
  • Zoning: R6A, C2-4
  • Total Square Footage: 4,000
  • Units: 4
  • Price per Square Foot: $775

Derby Copeland Capital was the buyer in this transaction. The deal was facilitated by brokers Robert Burton, Dan O'Brien, Bobby Carrozzo, Caroline Hodes, and Casey Begoon, who represented the buyer. The transaction took place on May 3, 2021.

Players

Caroline Hodes
93 deals$1.8B volume(516) 263-9404
BROKER

Robert Burton
Cushman & Wakefield
34 deals$615.4M volume
BROKER

Bobby Carrozzo
Cushman & Wakefield
35 deals$432.1M volume
BROKER

Casey Begoon
Cushman & Wakefield
8 deals$52.4M volume
BROKER

Daniel (Dan) O'Brien
Newmark
145 deals$4.6B volume(212) 698-5584
BROKER


BridgeCity Capital
LENDER

Details

SOLD
IMAGE: Bobby Carrozzo, Dan O'Brien, Robert Burton, Casey Begoon & Caroline Hodes DATE: 05/03/2021 ADDRESS: 494 Henry Street MARKET: Carroll Gardens, Brooklyn ASSET TYPE: Mixed-use ~ ZONING: R6A, C2-4 BUYER: Derby Copeland Capital BROKERS: Robert Burton, Dan O'Brien, Bobby Carrozzo, Caroline Hodes & Casey Begoon @Downtown_SoHo_Investment_Sales @CushWake ASKING PRICE: $3,300,000 SALE PRICE: $3,100,000 SF: 4,000 ~ PPSF: $775 UNITS: 4 ~ PPU: $775,000

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Debt Service Coverage Ratio (DSCR)

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