Atlas Realty Group Partners Acquires Multifamily Property In Bensonhurst For $1.43M
143 Bay 26th Street, Brooklyn, NY, USA
$1,432,000
$273/SF
Building Size
5,245 SF
Asset Type
MultiFamily
Closing
Nov 7, 2021
AI
The multifamily property located at 143 Bay 26th in Bensonhurst has been sold for a total of $1,432,000. The transaction took place on November 8, 2021. The property spans approximately 5,245 square feet, resulting in a price per square foot of $273. It consists of 6 units, with an average price per unit of $238,666.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $1,432,000
- Address: 143 Bay 26th, Bensonhurst
- Market: Bensonhurst
The sale was facilitated by the Pernicone Family, who acted as the sellers. The buyer's representatives in the deal were Shlomo Antebi, Erik Yankelovich, Natan Safdieh, and Bobby Hedaya of Atlas Realty Group Partners LLC.
Players
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
11.08%
Cash-on-Cash
-3.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93