Shlomo Basenshtein Acquires Mixed-Use Property From Dr. Clinton Urling For $1,050,000
410 Utica Avenue
$1,050,000
$375/SF
Building Size
2,800 SF
Asset Type
Mixed-use
Closing
Jun 22, 2026
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 410 Utica Avenue in the Crown Heights market. It has a sale price of $1,050,000, encompassing a total square footage of 2,800 and a price per square foot of $375.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,050,000
- Address: 410 Utica Avenue
- Market: Crown Heights
- Sale Price: $1,050,000
- Square Footage: 2,800
- Price Per Square Foot: $375
- Buyer: Shlomo Basenshtein
- Seller: Dr. Clinton Urling
- Brokers: Jack Sardar, Jacob Twena & Maurice Amar - Tri State Commercial Realty
This transaction featured key individuals including the buyer, Shlomo Basenshtein, and the seller, Dr. Clinton Urling, who facilitated the sale through their respective representatives. The brokerage team of Jack Sardar, Jacob Twena, and Maurice Amar from Tri State Commercial Realty played a crucial role in the completion of this transaction.
On the Map
$1,050,000
$375/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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93