Jonathan Wiener Acquires Multi Family Property In Borough Park, Brooklyn For $5.4M
1479 Dahill Road, Brooklyn, New York 11218, United States
$5,366,497
$191/SF
Building Size
28,000 SF
Asset Type
MultiFamily
Closing
Dec 7, 2021
AI
The property involved in this transaction is a multi-family asset located at 1479 Dahill Road in Borough Park, Brooklyn. The sale price is $5,366,497, with a building square footage (BSF) of 13,500 and a price per building square foot (PPBSF) of $398. The total square footage (SF) is 28,000, with a price per square foot (PPSF) of $192. This property is situated on a 10,000 square foot lot, which has dimensions of 100 ft x 100 ft and falls under R5B zoning regulations. The property has a Floor Area Ratio (FAR) of 2.80 and is classified under tax class 2.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $5,366,497
- Buyer: Jonathan Wiener
- Seller: Morris Joseph Knoll
- Building Square Footage: 13,500
- Price Per Building Square Foot: $398
- Total Square Footage: 28,000
- Price Per Square Foot: $192
- Lot Size: 10,000
- Lot Dimensions: 100 ft x 100 ft
- Floor Area Ratio: 2.80
- Tax Class: 2
In this transaction, Jonathan Wiener is the buyer while Morris Joseph Knoll is the seller. The deal showcases the participation of these key individuals representing their respective interests in the multi-family property located in Brooklyn.
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
2.96%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93