Sadya Liberow & Isaac Matayev Sell Crown Heights Multifamily For $1.035M
157 Rogers Avenue
$1,035,000
$646/SF
Building Size
1,600 SF
Asset Type
MultiFamily
Closing
Oct 12, 2023
AI
The multifamily property located at 157 Rogers Avenue in Crown Heights, Brooklyn, was sold for $1,035,000. This two-unit property spans 1,600 square feet, resulting in a price per unit of $517,500. The price per square foot for this transaction was $647.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,035,000
- Units: 2
- Square Footage: 1,600
- Price Per Unit: $517,500
- Price Per Square Foot: $647
- Address: 157 Rogers Avenue
- Market: Crown Heights, Brooklyn
Sadya Liberow and Isaac Matayev from Asset CRG Advisors represented the parties involved in this real estate transaction.
Players
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
15.33%
Cash-on-Cash
-4.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93