Santa Rosa Acquires Mixed-Use Building At 29 Greenpoint Avenue For $3,730,000 With Steve Clair And Nathan Horne As Brokers
29 Greenpoint Avenue
$3,730,000
$1,374/SF
Building Size
2,714 SF
Asset Type
Mixed-use
Closing
Oct 30, 2026
About this deal
AI
This mixed-use property located at 29 Greenpoint Avenue in Brooklyn consists of one commercial unit and two residential units. The sale was completed for a total transaction amount of $3,730,000, resulting in a price per unit of $1,243,333. The property spans 2,714 square feet with a price per square foot of $1,374.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 2 Residential)
- Transaction Amount: $3,730,000
- Units: 3
- Price Per Unit: $1,243,333
- Square Footage: 2,714
- Price Per Square Foot: $1,374
- Buyer: Santa Rosa
- Seller: Sara Mac
- Buyer's Representative: Steve Clair - Serhant
- Seller's Representative: Nathan Horne - Compass
- Seller's Attorney: Sharon Darouvar - KGMD Law
- Date of Sale: 10/30/2026
Notably, Nathan Horne from Compass handled the seller's representation, while Steve Clair from Serhant represented the buyer. Sharon Darouvar from KGMD Law acted as the seller's attorney throughout the transactional process. The successful closing involved effective cooperation among all parties, highlighting the community aspect in the negotiation and finalization stages.
On the Map
$3,730,000
$1,374/SF
Mixed-use
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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
4.25%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93