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Dean Street Ventures Purchases Mixed-use Asset In Park Slope From RYCO Capital For $3.375M

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SOLD
$3,375,000

New York

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Mixed-use5,000 SF
Sold 12/18/2025
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Property Image
SOLD

Dean Street Ventures Purchases Mixed-use Asset In Park Slope From RYCO Capital For $3.375M

548 6th Avenue

See Similar Deals
Mixed-use5,000 SF
Sold 12/18/2025
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$675
Total Square Footage:5,000 SF
Transaction Type:Sale

The mixed-use property located at 548 6th Avenue in the Park Slope market was sold for $3,375,000. The property boasts a total square footage of 6,000, resulting in a price per square foot of $562.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,375,000
  • Address: 548 6th Avenue
  • Market: Park Slope
  • Square Footage: 6,000
  • Price Per Square Foot: $562
  • Buyer: Dean Street Ventures - David Lloyd, Jeremy Sedrish & Ian Miller
  • Seller: RYCO Capital
  • Brokers: Daniel O'Brien, Caroline Hodes & Henry Hill - Newmark
  • Date of Transaction: 12/18/2025

The deal involved key individuals from the buying entity Dean Street Ventures, specifically David Lloyd, Jeremy Sedrish, and Ian Miller, who played a significant role in the acquisition. The transaction was facilitated by brokers Daniel O'Brien, Caroline Hodes, and Henry Hill from Newmark, representing the seller, RYCO Capital.

Players

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

Henry Hill
Newmark
28 deals$468M volume(212) 655-0695
BROKER

Daniel (Dan) O'Brien
Newmark
146 deals$4.7B volume(212) 698-5584
BROKER

SELLER

Details

SOLD
IMAGE: Ian Miller, Jeremy Sedrish, David Lloyd, Caroline Hodes, Daniel O'Brien & Henry Hill DATE: 12/18/2025 ADDRESS: 548 6th Avenue MARKET: Park Slope ASSET TYPE: Mixed-use BUYER: Dean Street Ventures - David Lloyd, Jeremy Sedrish & Ian Miller SELLER: RYCO Capital BROKERS: Daniel O'Brien, Caroline Hodes (@CarolineHodes) & Henry Hill (@Henry_Hill_CRE) - Newmark (@Newmark) SALE PRICE: $3,375,000 SF: 6,000 ~ PPSF: $562

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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