CW Realty Purchases 119 Kent Ave Brooklyn For $15.9M With Max Koshkerman And Others As Buyer’s Reps
119 Kent Ave, Brooklyn, NY, 11249
$15,900,000
$1,060/SF
Building Size
15,000 SF
Asset Type
MultiFamily
Closing
Jan 13, 2016
AI
The property asset involved in the transaction is located at 119 Kent Ave, Brooklyn, NY, 11249. The market value for this property is recorded at $15,900,000.00, with a total square footage of 15,000 square feet.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $15,900,000.00
- Address: 119 Kent Ave, Brooklyn, NY, 11249
- Market: Brooklyn
- Buyer: CW Realty
- Seller: Not disclosed
- Buyer's Representatives: Max Koshkerman (GFI Realty), Cheskie Weisz (CW Realty), Joel Wertzberger (Joyland Group)
- Seller's Representative: James Tenaglia (M & J Realty Group)
This transaction showcases the collaboration of several key individuals, with Max Koshkerman representing GFI Realty, Cheskie Weisz from CW Realty, and Joel Wertzberger of Joyland Group acting as buyer's representatives. James Tenaglia from M & J Realty Group serves as the seller's representative.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93