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254 4th Avenue

Brian Ezra Of Avery Hall Investments Acquires Mixed-Use Building In Gowanus For $3.2M
SOLDMixed-use

Brian Ezra Of Avery Hall Investments Acquires Mixed-Use Building In Gowanus For $3.2M

254 4th Avenue

$3,200,000

$769/SF

Building Size

4,160 SF

Asset Type

Mixed-use

Closing

Jul 13, 2026

AI

A mixed-use building located at 254 4th Avenue in Gowanus, Brooklyn, was sold for $3.2 million. The property encompasses 4,160 square feet with a price per square foot of $769. Additionally, the building has a total building square footage of 7,880 and a price per building square foot of $406.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,200,000
  • Buyer: Brian Ezra
  • Buyer's Company: Avery Hall Investments

Avery Hall Investments acquired the property to enhance its collection of nearby properties, with plans for larger development across five lots in the area.

Players

Brian Ezra

Broker

$189M

vol

5 deals

Broker

Brian Ezra

Avery Hall Investments

Buyer

$189M

vol

5 deals

Buyer

Tall Timbers 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

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93