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
Tall Timbers Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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