Daily limit: 0/10
Peter G. Papamichael Acquires Specialty Retail Property In Williamsburg Brooklyn For $3.1M
SOLD
$3,100,000
New York
See Similar DealsSpecial Purpose7,200 SF
Sold 04/13/2026
SOLD
Peter G. Papamichael Acquires Specialty Retail Property In Williamsburg Brooklyn For $3.1M
184 North 8th Street
See Similar DealsSpecial Purpose7,200 SF
Sold 04/13/2026
Summary
NEW YORK
Asset Type:Special Purpose
Price Per Square Foot:$430
Total Square Footage:7,200 SF
Transaction Type:Sale
A specialty retail property was sold for $3,100,000, located at 184 North 8th Street in Williamsburg, Brooklyn. The building has a total area of 7,200 square feet, equating to a price per square foot of $431.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $3,100,000
- Address: 184 North 8th Street
- Market: Williamsburg, Brooklyn
- Square Footage: 7,200
- Price per Square Foot: $431
- Buyer: Peter G. Papamichael
- Seller: Elizabeth Comerford
- Seller Company: Cilium Corp.
Peter Papamichael, acting through Lic01 LLC, purchased the property from Elizabeth Comerford, indicating plans for a cash-flowing use. This transaction highlights the ongoing interest in specialty retail assets in the Williamsburg area.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$165,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98
Is there something missing? Send suggestions