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97 2nd Street

B2C Development Acquires Package Deal From Francine Sarica In Brooklyn For $3,350,000
SOLDPackage Deal

B2C Development Acquires Package Deal From Francine Sarica In Brooklyn For $3,350,000

97 2nd Street & 95 2nd Street

$3,350,000

$1,246/SF

Building Size

2,688 SF

Asset Type

Package Deal

Closing

Jul 27, 2026

AI

A package deal consisting of two properties located at 97 2nd Street and 95 2nd Street in Brooklyn has been sold. The properties have a total square footage of 2,688 and the sale price reached $3,350,000, equating to a price per square foot of $1,246.

Summary of transaction details:

The transaction included B2C Development as the buyer and Francine Sarica as the seller, with Janine Acquafredda from Re/Max representing the seller in this deal.

Players

Janine Acquafredda

Re/Max

Broker

$2M

vol

1 deal

Broker

Brooklyn Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93