Rachel Mckinstry Purchases Retail Property At 100-106 Calyer Street For $4.5 Million
100 Calyer Street & 102 106 Calyer Street
$4,500,000
$528/SF
Building Size
8,518 SF
Asset Type
Retail
Closing
Dec 3, 2025
AI
The property asset sold is a retail space located at 100-106 Calyer Street in Brooklyn. The sale price for the property was $4,500,000, encompassing a total square footage of 4,259, resulting in a price per square foot of $1,056.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,500,000
- Address: 100-106 Calyer Street
- Market: Brooklyn
- Square Footage: 4,259
- Price Per Square Foot: $1,056
- Buyer: Rachel Mckinstry
- Seller: Richard Manuszak
- Brokers: Shaun Riney & Michael Salvatico - Marcus & Millichap
Shaun Riney and Michael Salvatico, representing Marcus & Millichap, facilitated the transaction between the buyer and seller. The NYM Group has engaged in the contract or sale of nine buildings within a four-block radius of the property in the past six months, indicating active market engagement in the area.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93