Nicolas Dayan Acquires Multifamily Property In Brooklyn For $15.75M
169 N 10th St, Brooklyn, NY 11211, USA
$15,750,000
$710/SF
Building Size
22,182 SF
Asset Type
MultiFamily
Closing
Apr 20, 2020
AI
The multifamily property located at 169 North 10th St in Brooklyn has been sold in a closed transaction. The property comprises 22,182 square feet and was sold for a total price of $15,750,000, which translates to a price per square foot of $710.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,750,000
- Address: 169 North 10th St
- Market: Brooklyn
The seller in this transaction was Great Point Properties, represented by Darren Anikstein. The buyer of the property was Nicolas Dayan. The deal was facilitated by Shay Zach and Hen Vakin from Gaia Property Group, acting as brokers in the transaction.
Players
New York 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
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93