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
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