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
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