Updated Dec 4, 2024
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
About this deal
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.
On the Map
$3,500,000
Development Site
View full map
Brooklyn Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Browse Brooklyn development site sales on Traded.
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