facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Development Site

/

Sale

/

92 Prospect Park Southwest

Elana Kapul's Development Site Advisors Sells Windsor Terrace Development Site For $3.5M
SOLDDevelopment Site

Elana Kapul's Development Site Advisors Sells Windsor Terrace Development Site For $3.5M

92 Prospect Park Southwest

$3,500,000

Building Size

Asset Type

Development Site

Closing

Jan 31, 2024

AI

A development site located at 92 Prospect Park Southwest in Windsor Terrace, Brooklyn has been sold for a price of $3,500,000. The property spans a total of 10,159 square feet, resulting in a price per square foot of $345.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $3,500,000
  • Address: 92 Prospect Park Southwest, Windsor Terrace, Brooklyn
  • Market: Windsor Terrace, Brooklyn
  • ZFA: 10,159 square feet
  • PPZFA: $345

The sale of this development site was facilitated by Elana Kapul from Development Site Advisors.

Development Site Advisors' next in-house training class, Development Site Academy, is set to begin next month. They have 4 remaining spots available for those interested in specializing in the sale of development sites in NYC. If you'd like to be considered, please reach out to them.

Players

Elana Kapul

Development Site Advisors

Broker

$16.7M

vol

3 deals

Broker

Brooklyn Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93