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1208 Carroll Street

Margula Roumani Of Douglas Elliman Represents Multifamily Sale At 1208 Carroll Street Brooklyn For $2.4M
SOLDMultiFamily

Margula Roumani Of Douglas Elliman Represents Multifamily Sale At 1208 Carroll Street Brooklyn For $2.4M

1208 Carroll Street

$2,400,000

$711/SF

Building Size

3,372 SF

Asset Type

MultiFamily

Closing

Jan 8, 2025

AI

The property asset involved in this transaction is a multifamily dwelling located at 1208 Carroll Street in Brooklyn. The sale was finalized for a price of $2,400,000, encompassing a total of 2 units. The property has a square footage of 3,372 and a price per square foot of $711.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,400,000
  • Units: 2
  • Square Footage: 3,372
  • Price Per Unit: $1,200,000
  • Price Per Square Foot: $711

The broker representing the transaction is Margula Roumani from Douglas Elliman, who facilitated the sale of the property.

Players

Margula Roumani

Douglas Elliman

Broker

$13.9M

vol

7 deals

Broker

Brooklyn 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

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93