Mills Family Sells Mixed-Use Property At 91 Utica Avenue Brooklyn For $1.375M
92 Utica Avenue
$1,375,000
$324/SF
Building Size
4,236 SF
Asset Type
Mixed-use
Closing
Sep 3, 2025
AI
The property asset involved in the transaction is a mixed-use building located at 91 Utica Avenue in Brooklyn. The transaction amounted to $1,375,000, encompassing a total square footage of 4,236, which translates to a price per square foot of $324.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,375,000
- Address: 91 Utica Avenue
- Market: Brooklyn
- Square Footage: 4,236
- Price Per Square Foot: $324
- Seller: Mills Family
- Broker: Marcel Fridman - Barcel Group
The deal was facilitated by Marcel Fridman, representing the Barcel Group. The transaction reflects a successful collaboration between the parties involved, with Mills Family as the seller in this real estate 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
11.54%
Cash-on-Cash
-3.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93