DNA Development Purchases 132 6th Avenue Multifamily In Brooklyn For $4.95M
SOLD
$4,950,000
New York
See Similar DealsMultiFamily5,157 SF
Sold 05/19/2025
SOLD
DNA Development Purchases 132 6th Avenue Multifamily In Brooklyn For $4.95M
132 6th Avenue
See Similar DealsMultiFamily5,157 SF
Sold 05/19/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$959
Total Square Footage:5,157 SF
Transaction Type:Sale
This multifamily property located at 132 6th Avenue in Brooklyn has been sold for $4,950,000. The property consists of 7 units, with a total square footage of 5,157. The price per unit was calculated at $707,142, and the price per square foot is $959.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,950,000
- Units: 7
- Square Footage: 5,157
- Price Per Unit: $707,142
- Price Per Square Foot: $959
- Buyer: DNA Development
- Brokers: Adam J Hess & Edward Setton - Sterling Property Group NY
- Sale Date: 5/20/2025
Adam J Hess and Edward Setton represented the buyer, DNA Development, in this transaction, ensuring a successful deal for both parties involved.
Players
BROKERAGE
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$264,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,586.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,465.53
Annual Debt Service$281,586.30
Is there something missing? Send suggestions