Adam J. Semler Acquires Multifamily Property In Williamsburg, Brooklyn For $4.77M
139 Broadway, Brooklyn, New York 11211, United States
$4,770,000
$746/SF
Building Size
6,393 SF
Asset Type
MultiFamily
Closing
May 26, 2022
AI
139 Broadway, located in Williamsburg, Brooklyn, has been sold in a recent transaction. The multifamily property, with a zoning designation of C4-3, was purchased for a total price of $4,770,000. The building has a total building square footage (BSF) of 5,328, resulting in a price per BSF of $895. The property spans a total square footage (SF) of 6,393, leading to a price per SF of $746. The sale was completed on May 27, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,770,000
- Market: Williamsburg, Brooklyn
- Address: 139 Broadway
- Zoning: C4-3
The buyer of 139 Broadway is Adam J. Semler, while the seller is Dorene Goldfinger. The property has a floor area ratio (FAR) of 4.08 and falls under tax class 2A. The lot size measures 1,567 square feet, with dimensions of 20 feet x 78.33 feet. Additionally, there was an alteration permit issued on May 20, 2013.
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
3.33%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93