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1381 Jefferson Avenue

Emily Moser Acquires 6-Unit Multifamily In Bushwick, Brooklyn For $2.3M
SOLDMultiFamily

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

Romain Sinclair

Greysteel

Broker

$33.2M

vol

14 deals

Broker

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