Danny Family Purchases Mixed-Use Property From Israel Family In Brooklyn For $1.09M
530 Sutter Avenue
$1,090,000
$349/SF
Building Size
3,120 SF
Asset Type
Mixed-use
Closing
Dec 30, 2025
AI
The mixed-use property located at 530 Sutter Avenue in Brooklyn comprises 2 apartments and 1 commercial unit, facilitating diverse occupancy opportunities. The property spans a total of 3,120 square feet and was sold for $1,090,000, resulting in a price per unit of $363,333 and a price per square foot of $349.
Summary of transation details:
- Property Type: Mixed-use (2 Apartments & 1 Commercial)
- Transaction Amount: $1,090,000
- Units: 3
- Square Footage: 3,120
- Price Per Unit: $363,333
- Price Per Square Foot: $349
- Buyer: Danny Family
- Seller: Israel Family
- Broker: Zalman Yarmush - Yarmush Investment Group
Zalman Yarmush represented the transaction for Yarmush Investment Group, facilitating the sale between the Danny Family and Israel Family, contributing to the market activity within the mixed-use sector of Brooklyn.
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
14.55%
Cash-on-Cash
-4.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93