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73 8th Avenue

Updated Oct 21, 2026

Mixed-use Property At 73 8th Avenue Sold For $4.55M In Park Slope With Brokers Remi Norris & John Ceccoli
SOLDMixed-use

Mixed-use Property At 73 8th Avenue Sold For $4.55M In Park Slope With Brokers Remi Norris & John Ceccoli

73 8th Avenue

$4,550,000

$707/SF

Building Size

6,433 SF

Asset Type

Mixed-use

Closing

Oct 8, 2026

About this deal

AI

The property involved in this transaction is a mixed-use asset located at 73 8th Avenue in the Park Slope neighborhood of Brooklyn. It consists of one commercial unit and four residential units, totaling 6,433 square feet. The transaction was completed at a sale price of $4,550,000, resulting in a price per unit of $910,000 and a price per square foot of $707.

Summary of transation details:

  • Property Type: Mixed-use (1 Commercial & 4 Residential)
  • Transaction Amount: $4,550,000
  • Units: 5
  • Square Footage: 6,433
  • Price per Unit: $910,000
  • Price per Square Foot: $707
  • Date of Sale: 10/08/2026
  • Broker Representatives: Remi Norris & John Ceccoli - Terra CRG

Remi Norris and John Ceccoli represented the seller in this deal, providing their expertise through Terra CRG. Their involvement underscores the importance of skilled brokerage in assisting with complex transactions in the Brooklyn market.

On the Map

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$4,550,000

$707/SF

Mixed-use

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Players

Remi Norris

Terra CRG

Broker

$144.6M

vol

48 deals

Broker
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Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $707 per square foot on a published $4.6M for 6,433 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.49%

Cash-on-Cash

-1.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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