SOLDMultiFamily
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
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.
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