Israel Kohn Purchases Mixed-Use Property From Andy Ackerman For $2.3M In Brooklyn
364 Hooper Street
$2,300,000
$599/SF
Building Size
3,840 SF
Asset Type
Mixed-use
Closing
Jul 9, 2026
AI
The property asset is a mixed-use building located at 364 Hooper Street in Brooklyn, featuring one commercial unit and five residential units. The sale was completed for $2,300,000, encompassing a total square footage of 3,840, which translates to a price per unit of $383,333 and a price per square foot of $598.
Summary of transation details:
- Property Type: Mixed-use (1 Commercial & 5 Residential)
- Transaction Amount: $2,300,000
- Units: 6
- Square Footage: 3,840
- Price Per Unit: $383,333
- Price Per Square Foot: $598
- Buyer: Israel Kohn
- Seller: Andy Ackerman
- Brokers: Joe Brikman & Menachem Werde - Brooklyn Blocks Real Estate
The transaction involved key individuals such as buyer Israel Kohn and seller Andy Ackerman. They were represented by brokers Joe Brikman and Menachem Werde from Brooklyn Blocks Real Estate, facilitating the successful completion of this property sale.
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93