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

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SOLD
$3,500,000

New York

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Development Site
Sold 01/31/2024
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SOLD

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

92 Prospect Park Southwest

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Development Site
Sold 01/31/2024
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Summary

NEW YORK
Asset Type:Development Site
Transaction Type:Sale

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
3 deals$16.7M volume
BROKER

Details

SOLD
IMAGE: Elana Kapul DATE: 01/31/2024 ADDRESS: 92 Prospect Park Southwest MARKET: Windsor Terrace, Brooklyn ASSET TYPE: Development Site BROKER: Elana Kapul - Development Site Advisors (@DevelopmentSiteAdvisors) SALE PRICE: $3,500,000 ZFA: 10,159 ~ PPZFA: $345 NOTE FROM BROKER: Development Site Advisors' next in-house training class, Development Site Academy starts next month! They have 4 spots remaining. Please make contact if you would like to be considered. You will be trained to become a true specialized expert and focus on only selling development sites in NYC.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$12,434.75
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