Jaime Levine Acquires Multifamily Property In Park Slope For $5.03M
100 6th Avenue, Brooklyn, New York 11217, United States
$5,027,000
$1,296/SF
Building Size
3,879 SF
Asset Type
MultiFamily
Closing
Sep 16, 2021
AI
A multifamily property located at 100 6 Avenue in Park Slope has been sold for $5,027,000. The property has a total square footage of 3,879, with a price per square foot of $1,295. The building has a total of 4,216 BSF (building square footage) and a PPBSF (price per BSF) of $1,192. The lot size is 2,108 square feet, and the property has a FAR (floor area ratio) of 1.84. The property is classified as Tax Class 1 and was last sold on November 15, 2010, for $2,800,000. There was an alteration permit issued on January 30, 2018.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,027,000
- Address: 100 6 Avenue, Park Slope
- Market: Park Slope
- Asset Type: Multifamily
- Zoning: R6B
- Buyer: Jaime Levine
- Seller: Dominique Miller
- Broker: Todd Lewin & Michael Rubin - Compass
- BSF: 4,216
- PPBSF: $1,192
- SF: 3,879
- PPSF: $1,295
- FAR: 1.84
- Tax Class: 1
- Lot Size: 2,108
The deal was facilitated by Todd Lewin & Michael Rubin from Compass, who represented both the buyer, Jaime Levine, and the seller, Dominique Miller. The property has a lot dimension of 20 feet by 105.42 feet.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.16%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93