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7620 13th Avenue

Mehl Family Purchases Retail Property From Cohen Family In Brooklyn For $1.9M
SOLDRetail

Mehl Family Purchases Retail Property From Cohen Family In Brooklyn For $1.9M

7620 13th Avenue

$1,900,000

$316/SF

Building Size

6,000 SF

Asset Type

Retail

Closing

Nov 19, 2025

AI

The retail property located at 7620 13th Avenue in Brooklyn has been sold for $1,900,000. This asset spans 6,000 square feet, resulting in a price per square foot of $316.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $1,900,000
  • Buyer: Mehl Family
  • Seller: Cohen Family
  • Brokers: Hirschy Zaks & Itanel Rahmani - Venture Capital Properties
  • Sale Date: 11/20/2025

Hirschy Zaks and Itanel Rahmani represented the seller, the Cohen Family, during this transaction. The brokerage involved in facilitating the deal is Venture Capital Properties.

Players

Hirschy Zaks

Venture Capital Properties

Broker

$77M

vol

14 deals

Broker

Brooklyn Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93