Updated Dec 20, 2023
Alcis Calyer Acquires Multifamily Property In Greenpoint, Brooklyn For $3.15M
124 Calyer Street, Brooklyn, New York 11222, United States
$3,150,000
$937/SF
Building Size
3,360 SF
Asset Type
MultiFamily
Closing
Aug 28, 2022
About this deal
AI
The multifamily property located at 124 Calyer Street in Greenpoint, Brooklyn has been sold in a recent transaction. The property is zoned as R6B and sits on a lot size of 1,600 square feet with dimensions of 20 ft x 80 ft. The building has a total square footage of 3,360 and offers a buildable square footage of 3,200. The sale price for this property was $3,150,000, with a price per buildable square foot of $984 and a price per square foot of $937. The previous sale of this property was recorded on December 30, 2009, for a price of $497,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,150,000
- Market: Greenpoint, Brooklyn
- Zoning: R6B
- Lot Size: 1,600 square feet
- Square Footage: 3,360
- Buildable Square Footage: 3,200
- Price per Buildable Square Foot: $984
- Price per Square Foot: $937
- Last Sale Price: $497,500 (12/30/2009)
- Lot Dimension: 20 ft x 80 ft
The buyer of this property was Alcis Calyer, and the seller was Hedwig Sikora. The transaction took place on August 29, 2022. The property falls under tax class 1 and has a floor area ratio (FAR) of 2.10.
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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93