Updated Dec 18, 2023
Yehuda Kirsh Acquires Multifamily Property In Crown Heights For $1.7M
1624 Carroll Street
$1,700,000
$672/SF
Building Size
2,528 SF
Asset Type
MultiFamily
Closing
Oct 5, 2022
About this deal
AI
Located in Crown Heights, the multifamily property at 1624 Carroll Street has been sold for a price of $1,700,000. This two-unit property offers a total of 2,528 square feet of space. The price per unit stands at $850,000, while the price per square foot is $672. The sale was finalized on October 6, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Units: 2
- Price per Unit: $850,000
- Square Feet: 2,528
- Price per Square Foot: $672
- Address: 1624 Carroll Street
- Market: Crown Heights
The buyer in this transaction is Yehuda Kirsh, while the seller is Anita Mackey. The deal was facilitated by Margula Roumani of Douglas Elliman. Congratulations to all parties involved in this successful sale.
On the Map
$1,700,000
$672/SF
MultiFamily
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Brooklyn MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93