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
About this deal
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.
On the Map
$3,200,000
$769/SF
Mixed-use
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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