Investment Property Realty Group Facilitates Sale Of Mixed-Use Property In Williamsburg, Brooklyn For $5.3M
95 North 6th Street, Brooklyn, New York 11249, United States
$5,300,000
$1,104/SF
Building Size
4,800 SF
Asset Type
Mixed-use
Closing
Sep 29, 2022
About this deal
AI
A mixed-use property located at 95 N. 6th St. in Williamsburg, Brooklyn has been sold in a recent transaction. The property, with a total square footage of 4,800, was sold for a price of $5,300,000, resulting in a price per square foot of $1,104.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,300,000
- Address: 95 N. 6th St., Williamsburg, Brooklyn
- Square Footage: 4,800
- Price per Square Foot: $1,104
The sale was facilitated by the seller, Madeline Sosa. The transaction was handled by brokers Derek Bestreich, Luke Sproviero, Donal Flaherty, and Corey Haynes from Investment Property Realty Group (IPRG).
Players
New York 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93