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9 Marcus Garvey Boulevard

Miller Family Purchases Mixed-Use Property At 9 Marcus Garvey Boulevard For $2,825,000
SOLDMixed-use

Miller Family Purchases Mixed-Use Property At 9 Marcus Garvey Boulevard For $2,825,000

9 Marcus Garvey Boulevard

$2,825,000

$837/SF

Building Size

3,375 SF

Asset Type

Mixed-use

Closing

Jun 22, 2026

AI

The property asset involved in this transaction is a mixed-use building located at 9 Marcus Garvey Boulevard in Brooklyn. The sale price was $2,825,000, with a square footage of 3,375, resulting in a price per square foot of $837.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,825,000
  • Address: 9 Marcus Garvey Boulevard
  • Market: Brooklyn
  • Square Footage: 3,375
  • Price per Square Foot: $837
  • Buyer: Miller Family
  • Broker: Marcel Fridman - Barcel Group

The key individuals in this deal include the Miller Family, who acted as the buyer, and Marcel Fridman from Barcel Group, who represented the transaction as the broker. The transaction took place on June 23, 2026.

Players

Marcel Fridman

Barcel Group

Broker

$464.9M

vol

144 deals

Broker
MT
Miller Family TrustBuyer

Market 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

5.62%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93