Jonathan Poyser And Tina Poyser Buy Multifamily Property At 162 Moffat Street For $2.1M
SOLD
New York
See Similar DealsMultiFamily3,959 SF
Sold 01/22/2025
SOLD
Jonathan Poyser And Tina Poyser Buy Multifamily Property At 162 Moffat Street For $2.1M
162 Moffat Street
See Similar DealsMultiFamily3,959 SF
Sold 01/22/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$530
Total Square Footage:3,959 SF
Transaction Type:Sale
This multifamily asset located at 162 Moffat Street in Brooklyn has a total sale price of $2,100,000. It comprises 2 units with a combined square footage of 3,959 and a price per square foot of $530. The transaction was completed on 01/22/2025.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Units: 2
- Square Footage: 3,959
- Price Per Unit: $1,050,000
- Price Per Square Foot: $530
- Buyer: Jonathan Poyser & Tina Poyser
- Seller: Eric Nachimov
- Brokers: Afik Even & Sarig Brand
Afik Even and Sarig Brand represent the parties involved in this transaction, providing expertise in the Brooklyn market. For guidance and market analysis, individuals may contact Afik Even or Sarig Brand at 917.496.1622.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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