Eden Ashourzadeh Purchases Mixed-use Property At 629 Vanderbilt Avenue From Max Almonor For $2.8M
629 Vanderbilt Avenue
$2,800,000
$746/SF
Building Size
3,750 SF
Asset Type
Mixed-use
Closing
Oct 16, 2026
About this deal
AI
The property located at 629 Vanderbilt Avenue in Brooklyn is a mixed-use asset comprising one commercial unit and two residential units. The property was sold for $2,800,000, featuring a total square footage of 3,750, which translates to a price per square foot of $746. The cost per unit is $933,333, given the total of three units involved in the transaction.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 2 Residential)
- Transaction Amount: $2,800,000
- Units: 3
- Price Per Unit: $933,333
- Square Footage: 3,750
- Price Per Square Foot: $746
- Buyer: Eden Ashourzadeh
- Seller: Max Almonor
- Broker Representatives: Gabriel Kates & Sean Mashihi - Block Real Estate Group
The transaction involved buyer Eden Ashourzadeh acquiring the property from seller Max Almonor, with representation provided by brokers Gabriel Kates and Sean Mashihi from Block Real Estate Group. Their involvement highlights the collaboration between the parties to facilitate this mixed-use property acquisition in Brooklyn.
On the Map
$2,800,000
$746/SF
Mixed-use
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Players
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93