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Chana Greenbaum Acquires Crown Heights Multifamily For $1.2M

Property Image
SOLD
$1,200,000

New York

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MultiFamily1,520 SF
Sold 03/04/20
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Property Image
SOLD

Chana Greenbaum Acquires Crown Heights Multifamily For $1.2M

1562 President Street, Crown Heights, Brooklyn, NY, USA

See Similar Deals
MultiFamily1,520 SF
Sold 03/04/20
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$789
Total Square Footage:1,520 SF
Transaction Type:Sale

The multifamily property located at 1562 President Street in Crown Heights has been sold for $1,200,000. The property spans 1,520 square feet, resulting in a price per square foot of $789. The sale took place on March 5, 2020.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Square Footage: 1,520
  • Price Per Square Foot: $789
  • Market: Crown Heights

The seller of the property was Gloria Goodwin, and the buyer was Chana Greenbaum. The listing broker for the sale was Joshua Brown from Push Forward Realty Cooperative, while the buyer's representative was Chaya Zarchi from BH Tal Real Estate INC.

It should be noted that this property is a single-family home situated in Crown Heights. Joshua Brown acted as the principal broker for Push Forward Realty Cooperative, and Chaya Zarchi represented the buyer as an associate broker for BH Tal Real Estate Inc.

Players

4 deals$8.8M volume
BROKER

Joshua Brown
14 deals$15.2M volume(516) 778-8360
BROKER

Details

SOLD
IMAGE: Joshua Brown & Chaya Zarchi DATE: 03/05/2020 ADDRESS: 1562 President Street MARKET: Crown Heights ASSET TYPE: Multifamily SELLER: Gloria Goodwin BUYER: Chana Greenbaum LISTING BROKER: Joshua Brown - Push Forward Realty Cooperative BUYER’S REP: Chaya Zarchi - BH Tal Real Estate INC PRICE: $1,200,000 SF: 1,520 ~ PPSF: $789 NOTE: Single Family Home. Crown Heights. Joshua Brown- (Principal Broker)- Push Forward Realty Cooperative. Chaya Zarchi -Buyers Broker BH Tal Real Estate Inc (Associate Broker)

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,263.34
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