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137 Vanderbilt Street, Broo...

Updated Dec 19, 2023

Grant Braswell Acquires Multi Family Property In Windsor Terrace, Brooklyn For $3.5M
SOLDMultiFamily

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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Deal FAQ

About $953 per square foot on a published $3.5M for 3,670 square feet (2021).

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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

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