Updated Dec 21, 2023
Greenwood Dev LLC Acquires Multifamily Property In Brooklyn For $2.35M
126 29th St, Hermosa Beach, CA 90254, USA
Building Size
7,996 SF
Asset Type
MultiFamily
Closing
Nov 8, 2017
About this deal
AI
A multifamily property located at 126 29th Street in Brooklyn, New York, has been sold for a price of $2,350,000. The property spans a total area of 7,996 square feet, resulting in a price per square foot of $293. The property consists of 8 units, with each unit priced at an average of $293,000.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,350,000
- Square Footage: 7,996 sqft
- Price per Square Foot: $293
- Number of Units: 8
- Price per Unit: $293,000
The seller of the property is Jose Vega, while the buyer is Greenwood Dev LLC.
Players
Hermosa Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93