Klaudio Rodriguez Acquires Multifamily Property On Jefferson Ave In Bushwick For $1.69M
SOLD
$1,690,000
New York
See Similar DealsMultiFamily2,700 SF
Sold 01/25/2022
SOLD
Klaudio Rodriguez Acquires Multifamily Property On Jefferson Ave In Bushwick For $1.69M
1223 Jefferson Avenue, Brooklyn, New York 11221, United States
See Similar DealsMultiFamily2,700 SF
Sold 01/25/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$625
Total Square Footage:2,700 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,004.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,011.46
Annual Debt Service$96,137.55
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