Rialto Capital Sells 94-110 Court Street Retail Property In Brooklyn Heights For $xxM With Newmark
110 Court Street
Building Size
138,505 SF
Asset Type
Retail
Closing
Dec 4, 2025
AI
The property asset involved in this transaction is a retail space located at 94-110 Court Street in the Brooklyn Heights market. The asset spans 138,505 square feet and is part of a sale process that was completed on December 5, 2025. The seller of the property is Rialto Capital.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 94-110 Court Street
- Market: Brooklyn Heights
- Seller: Rialto Capital
- Brokers: Daniel O'Brien, Jeff Fishman, Caroline Hodes & Henry Hill - Newmark
The transaction was facilitated by brokers Daniel O'Brien, Jeff Fishman, Caroline Hodes, and Henry Hill, representing the seller in this deal. Their participation plays a critical role in the successful closing of the sale in the specified location.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93