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Peter Guthrie Purchases Multifamily Property At 168 Pacific Street Brooklyn For $4.775M With Brokers Stephen R. Preuss Sr. Kevin Schmitz And Andrew LeoGrande

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SOLD
$4,775,000

New York

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MultiFamily4,200 SF
Sold 11/25/2024
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Property Image
SOLD

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

See Similar Deals
MultiFamily4,200 SF
Sold 11/25/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,136
Total Square Footage:4,200 SF
Transaction Type:Sale

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

Stephen R. Preuss Sr.
259 deals$2B volume(718) 663-2639
BROKER

Kevin Schmitz
Ripco
112 deals$846.3M volume
BROKER

Andrew LeoGrande
Ripco
5 deals$16.7M volume(718) 704-1455
BROKER

Details

SOLD
IMAGE: Stephen R. Preuss Sr., Kevin Schmitz, Andrew LeoGrande DATE: 11/25/2024 ADDRESS: 168 Pacific Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Peter Guthrie SELLER: Kruhm Family BROKERS: Stephen R. Preuss Sr. (@RipcoInvestmentSales), Kevin Schmitz @Kevin.Schmitz_CRE) & Andrew LeoGrande (@Andrewleo40) - Ripco (@RipcoRealEstate) SALE PRICE: $4,775,000 SF: 4,200 ~ PPSF: $1,136

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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