Updated Sep 5, 2024
Joe Perl Acquires Multifamily Property On Bushwick Ave. For $2.85M With Broker Ben Khakshoor - Rosewood Realty Group
1473 Bushwick Avenue
$2,850,000
$603/SF
Building Size
4,725 SF
Asset Type
MultiFamily
Closing
Aug 19, 2022
About this deal
AI
A multifamily property located at 1473 Bushwick Ave. in the Bushwick market has been sold for $2,850,000. The property spans across 4,725 square feet, resulting in a price per square foot of $603.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,850,000
- Square Footage: 4,725
- Price per Square Foot: $603
Joe Perl has purchased the property. The transaction was facilitated by Ben Khakshoor from Rosewood Realty Group, representing Joe Perl as the buyer.
The multifamily sale at 1473 Bushwick Avenue in New York, New York sold for $2.9M in 2022. The building is 4,725 square feet, implying about 603 per square foot on the published price. Ben Khakshoor, Rosewood Realty Group appear on the sale alongside Rosewood Realty Group. This page is the New York, New York file for the 1473 Bushwick Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 1473 Bushwick Avenue around 2022. Published consideration for 1473 Bushwick Avenue is $2.9M, dated 2022. Cite this Joe Perl Acquires Multifamily Property On Bushwick Ave. For $2.85M With Broker Ben Khakshoor - Rosewood Realty Group sale when underwriting similar multifamily product around New York, New York.
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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93