SOLD
Siavash Haghtalab Acquires Property In Brooklyn's Prospect Lefferts Gardens For $800K
581 New York Avenue, Brooklyn, NY 11225, USA
$800,000
$833/SF
Building Size
960 SF
Asset Type
—
Closing
Dec 15, 2019
About this deal
AI
The property at 581 New York Avenue in Brooklyn, Prospect Lefferts Gardens, has been sold. The sale took place on December 16, 2019. The property was purchased for a price of $800,000 by Siavash Haghtalab.
Summary of transaction details:
- Property Type: Sale
- Date: 12/16/2019
- Address: 581 New York Avenue, Brooklyn, Prospect Lefferts Gardens
- Seller: Charles Dray
- Buyer: Siavash Haghtalab
- Asking Price: $818,000
- Sale Price: $800,000
- Square Footage: 960 sqft
The sale of this property was facilitated by Doron Berenholtz from Doron Berenholtz agency.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93