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147 Luquer Street, Brooklyn...

Marco Auteri Acquires Multifamily Property On Luquer St. In Caroll Gardens For $2.2M
SOLDMultiFamily

Marco Auteri Acquires Multifamily Property On Luquer St. In Caroll Gardens For $2.2M

147 Luquer Street, Brooklyn, New York 11231, United States

$2,200,000

$873/SF

Building Size

2,520 SF

Asset Type

MultiFamily

Closing

Jun 6, 2022

AI

Located at 147 Luquer St. in Carroll Gardens, this multifamily property was recently sold in a closed transaction. The property consists of 3 units, offering a total of 2,520 square feet of space. The sale price for this property was $2,200,000, resulting in a price per unit of $733,333 and a price per square foot of $873.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Address: 147 Luquer St., Carroll Gardens
  • Units: 3
  • Price per Unit: $733,333
  • Square Footage: 2,520
  • Price per Square Foot: $873
  • Market: Carroll Gardens

The buyer for this transaction was Marco Auteri, while the seller was Mariano Santiago. The deal was facilitated by Elana Magreli from EXP Realty, representing both parties in the transaction.

Players

Elana Magreli

Broker

$5.1M

vol

4 deals

Broker

Marco Auteri

Boomerang Development Group

Buyer

$14.7M

vol

2 deals

Buyer

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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93