Roberta Benzilio Sells Retail Condo At 397 Flatbush Avenue Brooklyn For $1,075,000
397 Flatbush Avenue
$1,075,000
$895/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
The property involved in this transaction is a retail condo located at 397 Flatbush Avenue, Brooklyn. The sale price was $1,075,000 for an area of 1,200 square feet, equating to a price per square foot of $895.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Amount: $1,075,000
- Address: 397 Flatbush Avenue, Brooklyn
- Square Footage: 1,200
- Price Per Square Foot: $895
- Seller: Roberta Benzilio
- Brokers: Dylan Walsh, Dimitri P. Venekas & Kieran Baker - Cushman & Wakefield
This transaction on September 1, 2026, involved broker representation by Dylan Walsh, Dimitri P. Venekas, and Kieran Baker of Cushman & Wakefield, acting on behalf of the seller Roberta Benzilio.
Players
Brooklyn Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $895 per square foot on a published $1.1M for 1,200 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93