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Mixed-Use Property at 178 Hoyt Street in Brooklyn

Mixed-Use Property at 178 Hoyt Street in Brooklyn
FOR SALE

$1,850,000

178 Hoyt Street, Brooklyn, NY 11217

2,600 SF

Square Feet

$712

PPSF

2

Units

900.0K

PPU

3.83%

CAP

Property Description

Units

2 — PPU: 900.0K

NOI

$70,812

Cap Rate

3.83%

  • 2 Over 1 Mixed Use
  • Free Market
  • Expiring Retail and Residential Leases

Property Details

Asset Type

Mixed-use

Zoning

R6B

Lot Size

1,250 SF

Neighborhood

Boerum Hill

Submarket

Brooklyn

ZIP

11217

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$112,343

Debt Service Coverage Ratio (DSCR)

1.07x

Cap Rate

6.07%

Cash Flow (Annual)

$7,104

Cash-on-Cash Return

1.54%

Monthly Debt Service

$8,770

Annual Debt Service

$105,239

View on Map

Address

178 Hoyt Street

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Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale

No investors found in this market.

Contact the Listing Team

Michael (Mike) Salvatico

Michael (Mike) Salvatico

Real Estate Broker

184 closed

Call
Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call
Will Carbonari

Will Carbonari

Investment Sales Associate

5 closed

Call

Send a Message

Michael (Mike) Salvatico

Michael (Mike) Salvatico

Real Estate Broker

184 closed

Call
Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call
Will Carbonari

Will Carbonari

Investment Sales Associate

5 closed

Call