Updated Dec 18, 2023
Alexander Dynan Acquires Multifamily Property In Clinton Hill, Brooklyn For $3.2M
101 Cambridge Place, Clinton Hill, Brooklyn, NY, USA
$3,200,000
$1,269/SF
Building Size
2,520 SF
Asset Type
MultiFamily
Closing
Jun 9, 2021
About this deal
AI
A multifamily property located at 101 Cambridge Place in Clinton Hill, Brooklyn has been sold for $3,200,000. The property has a total of 4,000 square feet and a price per square foot of $800. It features a total of 2,520 square feet and a price per square foot of $1,270.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Address: 101 Cambridge Place, Clinton Hill, Brooklyn
- Market: Clinton Hill, Brooklyn
- Tax Class: 2A
- Buyer: Alexander Dynan
- Seller: Kimberly Williams
- Brokers: Lisa Lonuzzi & Christina Lonuzzi - Compass
- Last Sale: $845,000 (10/2003)
The deal's key individuals and companies involved in the transaction include Lisa Lonuzzi and Christina Lonuzzi from Compass, who represented the buyer and seller in the deal.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93