Greenbrook Partners Sells Mixed-Use Property At 156 Fifth Avenue In Brooklyn For $5.45M
SOLD
$5,450,000
New York
See Similar DealsMixed-use4,000 SF
Sold 04/02/2026
SOLD
Greenbrook Partners Sells Mixed-Use Property At 156 Fifth Avenue In Brooklyn For $5.45M
156 Fifth Avenue
See Similar DealsMixed-use4,000 SF
Sold 04/02/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,362
Total Square Footage:4,000 SF
Transaction Type:Sale
The property involved in this transaction is a mixed-use asset located at 156 Fifth Avenue in Brooklyn. It comprises one commercial unit and three residential units, totaling 4,000 square feet. The sale price for this asset was $5,450,000, with a price per unit of $1,362,500 and a price per square foot of $1,362.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 3 Residential)
- Transaction Amount: $5,450,000
- Units: 4
- Price Per Unit: $1,362,500
- Square Footage: 4,000
- Price Per Square Foot: $1,362
- Seller: Greenbrook Partners
- Date of Sale: 4/2/2026
- Market: Brooklyn
The transaction was represented by Greg Fournier, who played a crucial role in facilitating the sale process for Greenbrook Partners, the seller of the property.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$290,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,362.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,835.78
Annual Debt Service$310,029.37
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