Updated Dec 19, 2023
Riad Sukkarieh Acquires Multifamily Property On India Street In Greenpoint For $2.48M
103 India Street, Greenpoint, Brooklyn, NY, USA
$2,480,000
$601/SF
Building Size
4,125 SF
Asset Type
MultiFamily
Closing
May 17, 2021
About this deal
AI
The multifamily property located at 103 India Street in Greenpoint has been sold. The property, with a total square footage of 4,125, was sold for a price of $2,480,000, resulting in a price per square foot of $601. The property is zoned as R6B.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,480,000
- Address: 103 India Street
- Market: Greenpoint
- Zoning: R6B
Riad Sukkarieh has purchased the property from John J. Hospodarek & Christine J. O’Toole. Riad Sukkarieh was represented by their broker in the deal.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.40%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93