Dean Street Ventures Purchases Mixed-use Asset In Park Slope From RYCO Capital For $3.375M
548 6th Avenue
$3,375,000
$675/SF
Building Size
5,000 SF
Asset Type
Mixed-use
Closing
Dec 17, 2025
About this deal
AI
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.
On the Map
$3,375,000
$675/SF
Mixed-use
View full map
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Henry Hill to view all their deals.
Browse Brooklyn mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.70%
Cash-on-Cash
-1.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93