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114 1st Place, Carroll Gard...

Updated Dec 19, 2023

Anthony Gaudioso Acquires Carroll Gardens Multifamily For $3.75M
SOLDMultiFamily

Anthony Gaudioso Acquires Carroll Gardens Multifamily For $3.75M

114 1st Place, Carroll Gardens, Brooklyn, NY, USA

$3,750,000

$697/SF

Building Size

5,380 SF

Asset Type

MultiFamily

Closing

Sep 29, 2021

About this deal

AI

A multifamily property in Carroll Gardens has been sold for a price of $3,750,000. The property, located at 114 1st Place, has a total of 5,380 square feet. The sale price per square foot was $697. The property consists of four units, with each unit being sold at an average price of $937,500.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,750,000
  • Address: 114 1st Place
  • Market: Carroll Gardens
  • Tax Class: 2A

The buyer of the property is Anthony Gaudioso, while the sellers are John Mavroudes and Camille Mavroudes. The deal was facilitated by brokers Derek Bestreich, Adam Lobel, and Gabriel Kates from Bestreich Realty Group (BRG).

On the Map

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$3,750,000

$697/SF

MultiFamily

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Players

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$647.1M

vol

149 deals

Broker
Gabriel Kates
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Gabriel Kates

Block Real Estate Group

Broker

$174.3M

vol

65 deals

Broker

Anthony Gaudioso

Buyer

$5.9M

vol

2 deals

Buyer
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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $697 per square foot on a published $3.8M for 5,380 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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