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Mixed Use

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410 Utica Avenue

Shlomo Basenshtein Acquires Mixed-Use Property From Dr. Clinton Urling For $1,050,000
SOLDMixed-use

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

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:

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.

Players

Jack Sardar

Tri State Commercial Realty

Broker

$58.5M

vol

24 deals

Broker

Shlomo Basenshtein

Buyer

$1.1M

vol

1 deal

Buyer

Dr. Clinton Urling

Seller

$1.1M

vol

1 deal

Seller

Market 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