John Mavroudes Sells Multifamily Asset At 62 4th Place In Carroll Gardens For $5.025M
SOLD
$5,025,000
New York
See Similar DealsMultiFamily5,300 SF
Sold 12/11/2025
SOLD
John Mavroudes Sells Multifamily Asset At 62 4th Place In Carroll Gardens For $5.025M
62 4th Place
See Similar DealsMultiFamily5,300 SF
Sold 12/11/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$948
Total Square Footage:5,300 SF
Transaction Type:Sale
The property asset involved in this transaction is a multifamily building located at 62 4th Place in the Carroll Gardens market. The sale price was $5,025,000, encompassing four units with a total of 5,300 square feet. The price per unit (PPU) stands at $1,256,250, while the price per square foot (PPSF) is $948.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,025,000
- Units: 4
- Square Footage: 5,300
- Price Per Unit: $1,256,250
- Price Per Square Foot: $948
- Seller: John Mavroudes
- Brokers: Gabriel Kates & Sean Mashihi - Block Real Estate Group
- Date: 12/11/2025
The key individuals involved in this transaction include John Mavroudes as the seller and brokers Gabriel Kates and Sean Mashihi representing the deal through Block Real Estate Group.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$268,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,852.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,821.06
Annual Debt Service$285,852.76
Is there something missing? Send suggestions