Kostek Skirukha Acquires Mixed-use Property At 849 Manhattan Avenue For $2,425,000
849 Manhattan Avenue
$2,425,000
$369/SF
Building Size
6,571 SF
Asset Type
Mixed-use
Closing
Jul 8, 2026
AI
The property involved in this transaction is a mixed-use asset located at 849 Manhattan Avenue in Brooklyn. The sale price was $2,425,000, and the property encompasses a total square footage of 6,571. The price per square foot for this transaction was $369.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,425,000
- Address: 849 Manhattan Avenue
- Market: Brooklyn
- Square Footage: 6,571
- Price Per Square Foot: $369
- Buyer: Kostek Skirukha
- Seller: Joe Jemal
- Brokers: Josh Neustadter, Jonathan Squires & Dimitri P. Venekas - Cushman & Wakefield
This transaction was facilitated by brokers Josh Neustadter, Jonathan Squires, and Dimitri P. Venekas, who are affiliated with Cushman & Wakefield, representing the interests of both the buyer and the seller in this deal.
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
6.54%
Cash-on-Cash
-1.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93