Updated Oct 28, 2024
Eckstrom NYC Acquires Five To Six Families Property In Brooklyn Heights For $5.6M
113 Columbia Heights, Brooklyn Heights, Brooklyn, NY, USA
$5,600,000
$785/SF
Building Size
7,126 SF
Asset Type
MultiFamily
Closing
Jun 28, 2021
About this deal
AI
A five to six families (C2) ~ R6 property located at 113 Columbia Heights in the Brooklyn Heights neighborhood of Brooklyn has been sold for $5,600,000. The property spans 7,126 square feet and the price per square foot is calculated to be $786.
Summary of transaction details:
- Property Type: Five to Six Families (C2) ~ R6
- Transaction Amount: $5,600,000
- Address: 113 Columbia Heights, Brooklyn Heights, Brooklyn
- Square Footage: 7,126
- Price per Square Foot: $786
The buyer in this transaction is Eckstrom NYC represented by Carlos Saavedra, while the seller is Lonicera Partners represented by Demetrios Yatrakis.
It is important to note that there is no available information regarding the last sale price or date of the property prior to this transaction.
On the Map
$5,600,000
$785/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93