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162 Moffat Street

Jonathan Poyser And Tina Poyser Buy Multifamily Property At 162 Moffat Street For $2.1M
SOLDMultiFamily

Jonathan Poyser And Tina Poyser Buy Multifamily Property At 162 Moffat Street For $2.1M

162 Moffat Street

$2,100,000

$530/SF

Building Size

3,959 SF

Asset Type

MultiFamily

Closing

Jan 22, 2025

AI

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.

Players

Sarig Brand

Broker

$51M

vol

19 deals

Broker

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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93