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235 Kent Avenue

Danny Wrublin Acquires Mixed-Use Property At 235-237 Kent Avenue In Brooklyn For $16.4M
SOLDMixed-use

Danny Wrublin Acquires Mixed-Use Property At 235-237 Kent Avenue In Brooklyn For $16.4M

235 Kent Avenue & 237 Kent Avenue

$16,400,000

$1,311/SF

Building Size

12,508 SF

Asset Type

Mixed-use

Closing

Jul 14, 2026

AI

The property involved in this transaction is a mixed-use asset located at 235-237 Kent Avenue in Brooklyn. The sale price was recorded at $16,400,000, with a total square footage of 13,575, resulting in a price per square foot of $1,208.

Summary of transaction details:

This transaction showcases the involvement of broker representatives Shaun Riney, Michael Salvatico, and Harrison Rich from Marcus & Millichap, who facilitated the deal on behalf of the buyer. Notably, the seller previously acquired the property in 2021 for $12,300,000, indicating a successful exit and round-trip for them.

Players

Michael Salvatico

Marcus & Millichap

Broker

$815.8M

vol

180 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.8B

vol

373 deals

Broker

Danny Wrublin

Buyer

$41.7M

vol

4 deals

Buyer

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

0.97%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93