Updated Sep 5, 2024
Marcus & Millichap Brokers Sell Multifamily Property On Eagle Street In Greenpoint For $1.15M
114 Eagle Street
$1,150,000
$340/SF
Building Size
3,375 SF
Asset Type
MultiFamily
Closing
Nov 2, 2022
About this deal
AI
The multifamily property located at 114 Eagle Street in Greenpoint, Brooklyn has been sold. The transaction took place on November 2, 2022. The property spans a total of 3,375 square feet and was sold for a price of $1,150,000, resulting in a price per square foot of $341.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,150,000
- Square Footage: 3,375
- Price Per Square Foot: $341
- Address: 114 Eagle Street, Greenpoint, Brooklyn
- Market: Greenpoint, Brooklyn
The seller of the property is Paul Rzeplinski. The sale of this property was facilitated by brokers Shaun Riney, Mike Salvatico, and Sam Leppo from Marcus & Millichap.
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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93