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1223 Jefferson Avenue, Broo...

Updated Sep 9, 2024

Klaudio Rodriguez Acquires Multifamily Property On Jefferson Ave In Bushwick For $1.69M
SOLDMultiFamily

Klaudio Rodriguez Acquires Multifamily Property On Jefferson Ave In Bushwick For $1.69M

1223 Jefferson Avenue, Brooklyn, New York 11221, United States

$1,690,000

$625/SF

Building Size

2,700 SF

Asset Type

MultiFamily

Closing

Jan 24, 2022

About this deal

AI

A multifamily property located at 1223 Jefferson Ave in the Bushwick market has been sold for a total of $1,690,000. The property consists of 2 units with a total square footage of 2,700. The price per unit is $845,000 and the price per square foot is $625.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,690,000
  • Date: 01/24/2022
  • Address: 1223 Jefferson Ave
  • Market: Bushwick

The buyer in this transaction is Klaudio Rodriguez, while the seller is Billy Qirollari. Lindsay Hymson from Compass represented the buyer, while Adis Kolenovic from Kole Group represented the seller.

On the Map

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$1,690,000

$625/SF

MultiFamily

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Players

Lindsay Hymson

Compass

Broker

$1.7M

vol

1 deal

Broker
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $625 per square foot on a published $1.7M for 2,700 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.39%

Cash-on-Cash

-2.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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