facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

154 N 9th St, Brooklyn, NY ...

Mendel Gold Acquires Multifamily Property In Williamsburg For $3.1M
SOLDMultiFamily

Mendel Gold Acquires Multifamily Property In Williamsburg For $3.1M

154 N 9th St, Brooklyn, NY 11249, USA

$3,100,000

$82/SF

Building Size

37,530 SF

Asset Type

MultiFamily

Closing

Aug 24, 2020

AI

The multifamily property located at 154 North 9th Street in Williamsburg was recently sold for $3,100,000. The building has a total square footage of 5,000 square feet, resulting in a price per square foot of $620. The individual units within the property have a combined square footage of 3,750, with a price per square foot of $827. The transaction took place on August 25, 2020.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,100,000
  • Market: Williamsburg
  • Buyer: Mendel Gold
  • Seller: Tony Fisher
  • Zoning: R6B
  • Lot Size: 2,500

Mendel Gold was the buyer in this transaction, while Tony Fisher acted as the seller. The property is zoned as R6B and has a lot size of 2,500. No additional information about the deal is available.

Players

Mendel Gold

Buyer

$26.9M

vol

7 deals

Buyer

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

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93