220 East 23Rd Partners Purchases Property From SNS1 Realty For $2.2 Million In Brooklyn
SOLD
New York
See Similar Deals7,800 SF
SOLD
220 East 23Rd Partners Purchases Property From SNS1 Realty For $2.2 Million In Brooklyn
220 E 23rd St, Brooklyn, NY, 11226
See Similar Deals7,800 SF
Summary
NEW YORK
Price Per Square Foot:$282
Total Square Footage:7,800 SF
Transaction Type:Sale
The property asset involved in this transaction is located at 220 E 23rd St, Brooklyn, NY, 11226. It has a sale price of $2,200,000.00 and offers approximately 7,800 square feet. The market for this transaction is Brooklyn.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $2,200,000.00
- Address: 220 E 23rd St, Brooklyn, NY, 11226
- Market: Brooklyn
- Buyer: 220 East 23Rd Partners
- Seller: SNS1 Realty
- Buyer's Representative: Jonathan Haber, Eastern Consolidated
The deal was facilitated by Jonathan Haber representing the buyer, 220 East 23Rd Partners, while the seller was represented by SNS1 Realty. Their involvement highlights the roles played by these key individuals and agencies in the transaction process.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
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