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208 Irving Avenue

Eden Ashourzadeh Acquires Mixed-Use Property At 208 Irving Avenue Brooklyn For $1.672M
SOLDMixed-use

Eden Ashourzadeh Acquires Mixed-Use Property At 208 Irving Avenue Brooklyn For $1.672M

208 Irving Avenue

$1,672,000

$371/SF

Building Size

4,500 SF

Asset Type

Mixed-use

Closing

Aug 26, 2025

AI

The mixed-use property located at 208 Irving Avenue in Brooklyn has been sold for $1,672,000. The asset comprises three units with a total of 4,500 square feet, resulting in a price per unit of $557,333 and a price per square foot of $371.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,672,000
  • Number of Units: 3
  • Total Square Footage: 4,500
  • Price Per Unit: $557,333
  • Price Per Square Foot: $371
  • Buyer: Eden Ashourzadeh
  • Seller: Reinoso Macario
  • Transaction Date: 8/27/2025

Eden Ashourzadeh has successfully acquired the property from seller Reinoso Macario, marking a significant transaction within the Brooklyn market. The closing of this deal highlights the ongoing activity in mixed-use real estate investments.

Players

Eden Ashourzadeh

Buyer

$116.7M

vol

37 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

9.49%

Cash-on-Cash

-2.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93