Evan Greenberg Buys Mixed-Use Property At 859 Saint Marks Avenue Brooklyn For $4.125M
859 Saint Marks Avenue
$4,125,000
$786/SF
Building Size
5,243 SF
Asset Type
Mixed-use
Closing
Jul 19, 2026
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 859 Saint Marks Avenue in Brooklyn. It was sold for $4,125,000, encompassing 5,243 square feet, resulting in a price-per-square-foot of $787. The sale was finalized on July 19, 2026.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,125,000
- Square Footage: 5,243
- Price Per Square Foot: $787
- Buyer: Evan Greenberg
- Seller: Todd Schwartz
- Market: Brooklyn
The transaction was represented by Evan Greenberg, while Todd Schwartz represented himself in the deal. This acquisition signifies a significant addition to the buyer's portfolio within the Brooklyn market.
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
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93