Charles Pigott Acquires Mixed-Use Property For $2.75M In Park Slope, Brooklyn
836 Union St, Brooklyn, NY 11215, USA
$2,750,000
$68/SF
Building Size
40,000 SF
Asset Type
Mixed-use
Closing
Jun 13, 2019
About this deal
AI
An mixed-use property located at 836 Union Street in Park Slope, Brooklyn has been sold for $2,750,000. The property spans 4,000 square feet and has a price per square foot of $687. It consists of 5 units, with each unit being sold for $550,000.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $2,750,000
- Address: 836 Union Street
- Market: Park Slope, Brooklyn
- Square Footage: 4,000
- Price Per Square Foot: $687
- Number of Units: 5
- Price Per Unit: $550,000
The seller of the property was Judy Ann Taylor, while the buyer was Charles Pigott. The transaction was facilitated by Bestreich Realty Group, with Derek Bestreich representing the buyer. Additional information about other involved individuals or companies is not available.
Players
New York 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
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93