Maurice Setton Acquires Mixed-use Building In Park Slope Brooklyn For $5 Million
225 5th Avenue
$5,000,000
$954/SF
Building Size
5,240 SF
Asset Type
Mixed-use
Closing
Aug 4, 2026
AI
A mixed-use property located at 225 5th Avenue in Park Slope, Brooklyn has been sold. The asset spans 5,240 square feet and was transacted for a sale price of $5,000,000, which translates to approximately $954 per square foot. The property is anticipated to serve as a cash-flowing asset for the new owner.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $5,000,000
- Address: 225 5th Avenue
- Market: Park Slope, Brooklyn
- Square Footage: 5,240
- Price Per Square Foot: $954
- Buyer: Maurice Setton
- Seller: James Ryan - Ryco Capital & Samuel Kooris - Alchemy Ventures
- Sale Date: 08/04/2026
The transaction involved Maurice Setton acquiring the property from sellers James Ryan, representing Ryco Capital, and Samuel Kooris, representing Alchemy Ventures. The deal reflects strategic maneuvers in the real estate market within Brooklyn.
Players
Avenue 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93