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107 Kent St Brooklyn, NY 11...

Jonathan Unger, Chloe Unger & Gladys Galer Acquire 107 Kent Street Multifamily In Greenpoint, Brooklyn For $4.3M
SOLDMultiFamily

Jonathan Unger, Chloe Unger & Gladys Galer Acquire 107 Kent Street Multifamily In Greenpoint, Brooklyn For $4.3M

107 Kent St Brooklyn, NY 11222, USA

$4,300,000

$899/SF

Building Size

4,780 SF

Asset Type

MultiFamily

Closing

Aug 10, 2023

AI

A three-unit building located at 107 Kent Street in Greenpoint, Brooklyn has been sold for a price of $4.3 million. The property, represented by 107 Kent LLC, was purchased by Jonathan Unger, Chloe Unger, and Gladys Galer along with a group of buyers. The multifamily asset offers a total of 4,998 square feet and consists of three units. The price per unit amounts to $1,433,333, and the price per square foot is $860. The building spans across 4,780 square feet, with a price per square foot of $900.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,300,000
  • Address: 107 Kent Street, Greenpoint, Brooklyn
  • Market: Greenpoint, Brooklyn
  • Buyer: Jonathan Unger, Chloe Unger & Gladys Galer
  • Seller: Dianne Arnold
  • Units: 3

The buyers, Jonathan Unger, Chloe Unger, and Gladys Galer, together with a group of purchasers, have successfully acquired the three-unit building at 107 Kent Street in Greenpoint, Brooklyn. The transaction was facilitated by Dianne Arnold, the seller. No additional information is available regarding the deal.

Players

Dianne Arnold

Seller

$7.7M

vol

2 deals

Seller

Springfield MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93