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
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.
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
15.88%
Cash-on-Cash
-4.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93