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959 4th Avenue

Omar Yafeai Acquires Mixed-Use Property From Geraldine Viggiano In Brooklyn For $1.7M
SOLDMixed-use

Omar Yafeai Acquires Mixed-Use Property From Geraldine Viggiano In Brooklyn For $1.7M

959 4th Avenue

$1,700,000

$445/SF

Building Size

3,820 SF

Asset Type

Mixed-use

Closing

Dec 17, 2025

AI

A mixed-use asset located at 959 4th Avenue in Brooklyn consists of 1 commercial unit and 2 residential units. The property was sold for $1,700,000, covering a total square footage of 3,820. The price per unit is $566,667 and the price per square foot stands at $445.

Summary of transaction details:

  • Property Type: Mixed-use (1 Commercial & 2 Residential)
  • Transaction Amount: $1,700,000
  • Buyer: Omar Yafeai
  • Seller: Geraldine Viggiano
  • Broker Representatives: Matthew Cosentino, Daniel Chung & Remi Norris - Terra CRG
  • Units: 3
  • Square Footage: 3,820
  • Price per Unit: $566,667
  • Price per Square Foot: $445

The transaction was facilitated by a team of brokers from Terra CRG, including Matthew Cosentino, Daniel Chung, and Remi Norris. Their involvement was instrumental in aligning the buyer, Omar Yafeai, with the seller, Geraldine Viggiano.

Players

Matthew Cosentino

Terra CRG

Broker

$319M

vol

81 deals

Broker
Terra CRG
Terra CRGBrokerage

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93