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
About this deal
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.
On the Map
$1,900,000
$316/SF
Retail
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Players
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