Updated Sep 5, 2024
Compass Sells Multifamily Property On Greene Ave In Bushwick For $6.9M
1125 Greene Avenue
$6,900,000
$200/SF
Building Size
34,483 SF
Asset Type
MultiFamily
Closing
Sep 29, 2022
About this deal
AI
A multifamily property located at 1125-1133 Greene Ave in Bushwick has been sold for $6,900,000. The property spans approximately 34,483 square feet, and the price per square foot is approximately $200.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,900,000
- Address: 1125-1133 Greene Ave, Bushwick
- Square Feet: 34,483
- Price per Square Foot: $200
The sale was facilitated by David Chang of Compass. He acted as the broker representing the buyer and seller in this transaction.
The multifamily sale at 1125 Greene Avenue in New York, New York sold for $6.9M in 2022. The building is 34,483 square feet, implying about 200 per square foot on the published price. David Chang, Compass appear on the sale alongside Compass. This page is the New York, New York file for the 1125 Greene Avenue 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 1125 Greene Avenue around 2022. Published consideration for 1125 Greene Avenue is $6.9M, dated 2022. Cite this Compass Sells Multifamily Property On Greene Ave In Bushwick For $6.9M sale when underwriting similar multifamily product around New York, New York.
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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93