Peter Guthrie Purchases Multifamily Property At 168 Pacific Street Brooklyn For $4.775M With Brokers Stephen R. Preuss Sr. Kevin Schmitz And Andrew LeoGrande
168 Pacific Street
$4,775,000
$1,136/SF
Building Size
4,200 SF
Asset Type
MultiFamily
Closing
Nov 25, 2024
AI
The property involved in this transaction is a multifamily asset located at 168 Pacific Street in Brooklyn. The sale price was $4,775,000, with a total square footage of 4,200 and a price per square foot of $1,136.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,775,000
- Address: 168 Pacific Street
- Market: Brooklyn
- Square Footage: 4,200
- Price Per Square Foot: $1,136
- Buyer: Peter Guthrie
- Seller: Kruhm Family
- Brokers: Stephen R. Preuss Sr., Kevin Schmitz @Kevin.Schmitz_CRE, and Andrew LeoGrande - Ripco
The transaction was facilitated by brokers Stephen R. Preuss Sr., Kevin Schmitz, and Andrew LeoGrande, who represent the seller, Kruhm Family. Peter Guthrie is the identified buyer in this transaction.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.32%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93