Updated Dec 19, 2023
Grant Braswell Acquires Multi Family Property In Windsor Terrace, Brooklyn For $3.5M
137 Vanderbilt Street, Brooklyn, New York 11218, United States
$3,500,000
$953/SF
Building Size
3,670 SF
Asset Type
MultiFamily
Closing
Dec 19, 2021
About this deal
AI
A multi-family property located at 137 Vanderbilt Street in Windsor Terrace, Brooklyn, has been sold. The property is zoned as R5 and features a lot size of 8,250 square feet with dimensions of 50 ft x 150 ft. The building has a total square footage of 10,312 and a buildable square footage of 3,670. The transaction took place on December 20, 2021, with a sale price of $3,500,000. The price per buildable square foot is $339, and the price per square foot is $954. The previous sale of the property was on October 10, 2001, for $0. The tax class for the property is 1, and the floor area ratio (FAR) is 0.44.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $3,500,000
- Address: 137 Vanderbilt Street, Windsor Terrace, Brooklyn
- Zoning: R5
- Lot Size: 8,250 sqft
- Building Square Footage: 10,312
- Buildable Square Footage: 3,670
- Price per Buildable Square Foot: $339
- Price per Square Foot: $954
- Last Sale Price: $0 (10/10/2001)
- Tax Class: 1
- Lot Dimension: 50 ft x 150 ft
The buyer of the property is Grant Braswell, while the seller is Nicholas Caragiulo. The transaction was facilitated on behalf of the buyer by 's REP.
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93