Simon Streicher Purchases Mixed-Use Property At 90 Moore Street For $2.45M From Israel Valentin
90 Moore Street
$2,450,000
$306/SF
Building Size
7,992 SF
Asset Type
Mixed-use
Closing
May 4, 2026
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 90 Moore Street, Brooklyn. It consists of 6 units, with a total square footage of 7,992. The sale price was $2,450,000, which translates to a price per unit of $408,333 and a price per square foot of $306.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,450,000
- Buyer: Simon Streicher
- Seller: Israel Valentin
- Broker: Sully Klein & Richard Burke
- Units: 6
- Square Footage: 7,992
- Price Per Unit: $408,333
- Price Per Square Foot: $306
This transaction featured Simon Streicher as the buyer and Israel Valentin as the seller, facilitating the exchange through brokers Sully Klein and Richard Burke, who represented both sides. This collaboration highlights the involvement of experienced real estate professionals in the 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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93