Updated Dec 20, 2023
Peter Finn Acquires Multifamily Property On Berkeley Place In Park Slope, Brooklyn
139 Berkeley Place, Brooklyn, New York 11217, United States
$3,550,000
$1,049/SF
Building Size
3,384 SF
Asset Type
MultiFamily
Closing
Jul 6, 2022
About this deal
AI
A multifamily property located at 139 Berkeley Place in Park Slope, Brooklyn has been sold for $3,550,000. The property has a building square footage of 3,334 and a price per square foot of $1,064. The total square footage of the property is 3,384, with a price per square foot of $1,049. The property's zoning is R6B with a floor area ratio (FAR) of 2.03. It falls under tax class 1. The lot size is 1,667, with lot dimensions measuring 16.67 feet by 100 feet. The property has an alteration permit dating back to August 18, 1995.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,550,000
- Buyer: Peter Finn
- Seller: Lisa Robins Pauze
- Building Square Footage: 3,334
- Price per Square Foot: $1,064
- Total Square Footage: 3,384
- Price per Square Foot: $1,049
- Zoning: R6B
- Floor Area Ratio (FAR): 2.03
- Tax Class: 1
- Lot Size: 1,667
- Permits: Alteration 2 (08/18/1995)
- Lot Dimensions: 16.67 ft x 100 ft
Peter Finn has acquired the property from Lisa Robins Pauze in this transaction. The deal was closed on July 7, 2022. No additional information about the individuals or companies involved in the deal is available.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93