Emily Moser Acquires 6-Unit Multifamily In Bushwick, Brooklyn For $2.3M
1381 Jefferson Avenue & 1406 Jefferson Avenue
$2,345,000
$177/SF
Building Size
13,200 SF
Asset Type
MultiFamily
Closing
Oct 17, 2023
AI
The multifamily property located at 1381 Jefferson Avenue & 1406 Jefferson Avenue in Bushwick, Brooklyn has been sold. The property spans 6,600 square feet and consists of 6 units. The sale was facilitated by Romain Sinclair of Greysteel, acting as the broker for both the buyer and the seller. The property was sold for a price of $2,345,000, resulting in a per unit price of $390,833. The price per square foot for the property was $355.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,345,000
- Address: 1381 Jefferson Avenue & 1406 Jefferson Avenue, Bushwick, Brooklyn
- Market: Bushwick, Brooklyn
- Buyer: Emily Moser
- Seller: The Bondswell Family
- Brokers: Romain Sinclair - Greysteel
- Units: 6
- Price per Unit: $390,833
- Square Footage: 6,600
- Price per Square Foot: $355
Emily Moser was the buyer in this transaction, while The Bondswell Family served as the seller. Romain Sinclair from Greysteel acted as the broker representing both parties involved in the deal.
Players
Wilmington 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
6.76%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93