Wharton Properties Acquires 5000 SF Property At 134 Jefferson St Brooklyn With Buyer’s Rep Dave Ratner
134 Jefferson St, Brooklyn, NY, 11206
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 134 Jefferson St, Brooklyn, NY, 11206. It is situated in the Brooklyn market and has a total square footage of 5,000. The transaction is a sale.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not specified
- Address: 134 Jefferson St, Brooklyn, NY, 11206
- Market: Brooklyn
- Square Footage: 5,000
- Buyer's Representative: Dave Ratner - MNS
- Seller's Representative: Carlos Irizarry - Warren Lewis Sotheby's International
- Buyer: Wharton Properties
This transaction involved key individuals and companies where Dave Ratner represented the buyer, Wharton Properties, and Carlos Irizarry represented the seller in this deal. The involvement of two distinct brokerage firms highlights the collaborative effort in facilitating the sale of the property.
Players
Brooklyn 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93