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1738 60th St, Brooklyn, NY ...

Updated Dec 21, 2023

Samuel Wiesner Acquires Multi Family Property In Brooklyn For $2.2M
SOLDMultiFamily

Samuel Wiesner Acquires Multi Family Property In Brooklyn For $2.2M

1738 60th St, Brooklyn, NY 11204, USA

Building Size

4,000 SF

Asset Type

MultiFamily

Closing

Dec 12, 2017

About this deal

AI

Linda Bosa, Maria R Kreher, and Isabella Leone sold a multi-family property located at 1738 60th Street in Brooklyn, New York. The property, spanning 4,000 square feet, was sold for a price of $2,200,000.

Summary of transaction details

  • Property Type: Multi Family
  • Transaction Amount: $2,200,000
  • Square Footage: 4,000 sf
  • Address: 1738 60th Street, Brooklyn, New York

The buyer in this deal was Samuel Wiesner.

Traded’s record for 1738 60th St, Brooklyn, NY 11204, USA in New York, New York covers a multifamily sale from 2017. The building is 4,000 square feet, implying about 0 per square foot on the published price. This page is the New York, New York file for the 1738 60th St, Brooklyn, NY 11204, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 1738 60th St, Brooklyn, NY 11204, USA around 2017. Cite this Samuel Wiesner Acquires Multi Family Property In Brooklyn For $2.2M sale when underwriting similar multifamily product around New York, New York.

Players

New York MultiFamily Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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