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
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.
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
9.39%
Cash-on-Cash
-2.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93