Vanessa Price And Peggy Muller Acquire Mixed-Use Property In Brooklyn For $3,300,000
611 Nostrand Avenue
$3,300,000
$578/SF
Building Size
5,708 SF
Asset Type
Mixed-use
Closing
Oct 29, 2026
About this deal
AI
The property located at 611 Nostrand Avenue in Brooklyn is classified as a mixed-use asset. The sale price for this property was recorded at $3,300,000. The total square footage of the property is 5,708, resulting in a price per square foot of $578.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,300,000
- Address: 611 Nostrand Avenue
- Market: Brooklyn
- Buyer: Vanessa Price & Peggy Muller
- Seller: Moshe Loketch
- Broker: Josh Augenbaum - Augenbaum Realty
In this transaction, Vanessa Price and Peggy Muller acted as the buyers, acquiring the property from seller Moshe Loketch. The deal was facilitated by broker Josh Augenbaum, who is affiliated with Augenbaum Realty, representing the seller in the transaction.
On the Map
$3,300,000
$578/SF
Mixed-use
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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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93