Jonathan Wiener Acquires Multi Family Property In Borough Park, Brooklyn For $7.8M
1529 Dahill Road, Brooklyn, New York 11218, United States
$7,769,797
$194/SF
Building Size
40,000 SF
Asset Type
MultiFamily
Closing
Dec 7, 2021
AI
The multi-family property located at 1529 Dahill Road in Borough Park, Brooklyn has been sold. The property is zoned as R5B and has a lot size of 15,000 square feet, with dimensions of 150 ft x 100 ft. The building has a total square footage of 40,000 and consists of 20,250 square feet of buildable space. The property was sold for a price of $7,769,797, resulting in a price per square foot of $194. The previous sale of the property took place on 2/20/1969 for a price of $0.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $7,769,797
- Market: Borough Park, Brooklyn
- Zoning: R5B
- Lot Size: 15,000 square feet
- Building Square Footage: 40,000
- Buildable Square Footage: 20,250
- Price per Square Foot: $194
- Last Sale Price: $0 (2/20/1969)
- Lot Dimensions: 150 ft x 100 ft
The buyer of the property is Jonathan Wiener, and the seller is Morris Joseph Knoll.
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
2.04%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93