SOLDMultiFamily
Moses Rabinovits Acquires Multifamily Property On Grant Avenue, Brooklyn For $750,000
17 Grant Avenue
$750,000
$250/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Feb 15, 2024
AI
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $750,000
- Address: 17 Grant Avenue
- Market: Brooklyn
- Units: 4
- Price per Unit: $187,500
- Square Footage: 3,000
- Price per Square Foot: $250
- Buyer: Moses Rabinovits
- Seller: Winston Ellis
- Broker: Diamonte Zarba - Woodlawn Property Group
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
21.15%
Cash-on-Cash
-6.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93