David Samuels Acquires Multifamily Property In Prospect Lefferts Garden For $4.15M
149 Clarkson Ave, Brooklyn, NY 11226, USA
$4,150,000
$37/SF
Building Size
110,000 SF
Asset Type
MultiFamily
Closing
Jun 17, 2020
AI
A multifamily property located at 149 Clarkson Avenue in Prospect Lefferts Garden has been sold for $4,150,000. The property spans 11,000 square feet, resulting in a price per square foot of $377. It consists of 10 units, with each unit having an average price of $415,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,150,000
- Address: 149 Clarkson Avenue
- Market: Prospect Lefferts Garden
- Square Footage: 11,000
- Price per Square Foot: $377
- Number of Units: 10
- Price per Unit: $415,000
The seller of the property is Nadav Hamo, while the buyer is David Samuels. Marcel Fridman from Barcel Group represented both parties in the transaction.
Note: The property was developed in 2015 and has 15 years remaining on its lease.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93