Updated Oct 28, 2024
Bracha Rabinowitz Trust Sells Multifamily Property In Boro Park, Brooklyn For $1.3M
1115 43rd St, Borough Park, Brooklyn, NY, USA
$1,300,000
$320/SF
Building Size
4,053 SF
Asset Type
MultiFamily
Closing
Apr 28, 2021
About this deal
AI
A multifamily property located at 1115 43rd St. in Boro Park, Brooklyn was sold on April 29, 2021. The property, with a total square footage of 4,053, was sold for a price of $1,300,000, resulting in a price per square foot of $320.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,300,000
Bracha Rabinowitz trust was the seller of the property. The transaction was facilitated by Esther Reizes-Lowenbein from an undisclosed brokerage.
The multifamily sale at 1115 43rd St, Borough Park, Brooklyn, NY, USA in New York, New York sold for $1.3M in 2021. The building is 4,053 square feet, implying about 320 per square foot on the published price. Esther Reizes-Lowenbein, EXP Realty appear on the sale alongside EXP Realty. This page is the New York, New York file for the 1115 43rd St, Borough Park, Brooklyn, NY, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 1115 43rd St, Borough Park, Brooklyn, NY, USA around 2021. Published consideration for 1115 43rd St, Borough Park, Brooklyn, NY, USA is $1.3M, dated 2021. Cite this Bracha Rabinowitz Trust Sells Multifamily Property In Boro Park, Brooklyn For $1.3M sale when underwriting similar multifamily product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93