Updated Dec 21, 2023
Ari Harkov Acquires Multifamily Property In Crown Heights For $2.025M
1277 Bergen Street, Brooklyn, New York 11213, United States
$2,025,000
$591/SF
Building Size
3,422 SF
Asset Type
MultiFamily
Closing
Mar 24, 2022
About this deal
AI
The multifamily property located at 1277 Bergen Street in Crown Heights was recently sold for a total price of $2,025,000. The property consists of three units, resulting in a price per unit of $675,000. The total square footage of the property is 3,422, giving a price per square foot of $591.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,025,000
- Units: 3
- Price per Unit: $675,000
- Square Footage: 3,422
- Price per Square Foot: $591
- Address: 1277 Bergen Street
- Market: Crown Heights
Ari Harkov from The Harkov Lewis Team at Brown Harris Stevens represented the buyer in this transaction. On the other side, Sarig Brand and Afik Even acted as the seller's representatives. These key individuals played essential roles in facilitating the successful sale of the property.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Sarig Brand to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93