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548 6th Avenue

Updated Oct 14, 2026

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

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:

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.

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$3,375,000

$675/SF

Mixed-use

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Players

Caroline Hodes

Newmark

Broker

$2.1B

vol

106 deals

Broker

David Lloyd

Dean Street Ventures, Fund I

Buyer

$70.6M

vol

9 deals

Buyer
RC
Ryco CapitalSeller
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Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $675 per square foot on a published $3.4M for 5,000 square feet (2025).

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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

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