Updated Dec 21, 2023
Angelina Cino Acquires Multifamily Property In Dyker Heights For $999K
1172 79th St, Brooklyn, NY 11228, USA
$999,000
$79/SF
Building Size
12,500 SF
Asset Type
MultiFamily
Closing
Dec 15, 2019
About this deal
AI
A multifamily property located at 1172 79th Street in Dyker Heights was recently sold in a closed transaction. The property spans 1,250 square feet and was sold for a price of $999,000, resulting in a price per square foot of $799.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $999,000
- Square Footage: 1,250
- Price Per Square Foot: $799
- Market: Dyker Heights
The seller of the property was Anna Rizzo, while the buyer was Angelina Cino. The transaction was facilitated by Anthony Ferraro Jr, a representative from 4seasonsrealtyco.
It is worth noting that the proceeds from the previous sale of 1146 60th St. were utilized to fund the purchase of this property.
On the Map
$999,000
$79/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.88%
Cash-on-Cash
-4.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93