Godman Living Purchases 6309 New Utrecht Ave Brooklyn From 6309 Realty LLC For $1.06M
6309 New Utrecht Ave, Brooklyn, NY...
$1,060,000
$441/SF
Building Size
2,400 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 6309 New Utrecht Ave, Brooklyn, NY. The sale price of the asset was $1,060,000.00, and it encompasses a square footage of 2,400. The market for this property is Brooklyn.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,060,000.00
- Address: 6309 New Utrecht Ave, Brooklyn, NY
- Market: Brooklyn
- Seller: 6309 Realty LLC
- Buyer: Godman Living
- Seller's Representative: Leo Lee (Momentum Real Estate)
The transaction involves 6309 Realty LLC selling the property to Godman Living, with Leo Lee from Momentum Real Estate acting as the representative for the seller in this transaction.
On the Map
$1,060,000
$441/SF
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Players
Brooklyn CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93