Firebird Grove Acquires Mixed-Use Property In Fort Greene For $7.5M
666 Fulton Street, Brooklyn, New York 11217, United States
$7,500,000
$943/SF
Building Size
7,948 SF
Asset Type
Mixed-use
Closing
Aug 3, 2022
About this deal
AI
The mixed-use property located at 666 Fulton Street in Fort Greene was recently sold for a price of $7,500,000. The property consists of 5 units, with each unit having a price per unit of $1,500,000. The total square footage of the property is 7,948, resulting in a price per square foot of $943.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,500,000
- Address: 666 Fulton Street
- Market: Fort Greene
The buyer of the property is Firebird Grove, while the seller is Robert Pollock. Firebird Grove was represented by their broker in this transaction.
On the Map
$7,500,000
$943/SF
Mixed-use
View full map
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Robert Pollock to view all their deals.
Browse New York mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93