Updated Dec 19, 2023
Moshe Silber Acquires Multifamily Property In Bushwick, Brooklyn For $1.9M
170 Jefferson St, Brooklyn, NY 11206, USA
$1,900,000
$46/SF
Building Size
41,250 SF
Asset Type
MultiFamily
Closing
Sep 13, 2020
About this deal
AI
A multifamily property in Bushwick, Brooklyn has been sold for $1,900,000. Located at 170 Jefferson Street, the property is zoned R6 and has a building square footage (BSF) of 6,075. The price per BSF is $312. The property also has a total square footage (SF) of 4,125, with a price per SF of $460.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Address: 170 Jefferson Street
- Market: Bushwick, Brooklyn
- Zoning: R6
Moshe Silber has purchased the property, but the seller's information is not available. The transaction was facilitated by Marcel Fridman from the Barcel Group.
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93