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15 Crooke Ave, Brooklyn, NY...

Guardian Realty Management Acquires MultiFamily Property From Jonas Equities In Brooklyn
SOLDMultiFamily

Guardian Realty Management Acquires MultiFamily Property From Jonas Equities In Brooklyn

15 Crooke Ave, Brooklyn, NY, 11226

$16,300,000

Building Size

Asset Type

MultiFamily

Closing

Dec 2, 2016

AI

The property at 15 Crooke Ave, Brooklyn, NY, 11226 in Brooklyn was sold on 12/02/2016. The asset is a MultiFamily property that was acquired by Guardian Realty Management from the seller, Jonas Equities, for a total sale price of $16,300,000.00.

Summary of transaction details:

Lipa Lieberman from Meridian Capital Group represented the buyer, Guardian Realty Management, in this transaction, while Mark Steinmetz, also from Meridian Capital Group, acted as the seller's representative, working with Jonas Equities. The deal involved key individuals and companies facilitating the smooth transfer of the MultiFamily property.

Players

Lipa Lieberman

Meridian Capital Group

Broker

$1.2B

vol

36 deals

Broker
E
EquitiesSeller

Brooklyn 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

0.97%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93