Sarah Hand Acquires 4-Unit Multifamily In Brooklyn For $2.6M
174 Degraw St, Brooklyn, NY 11231, USA
$2,595,000
$90/SF
Building Size
28,800 SF
Asset Type
MultiFamily
Closing
Oct 9, 2018
AI
The multifamily property located at 174 Degraw Street in Brooklyn has recently been sold. The transaction was completed for a sale price of $2,595,000. The property spans across 2,880 square feet and has a price per square foot (PPSF) of $901. This multifamily asset consists of 4 units.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,595,000
- Square Footage: 2,880
- Price Per Square Foot (PPSF): $901
- Address: 174 Degraw Street, Brooklyn
The buyer of this property is Sarah Hand, while Pamela Peterson is the seller. Representing the seller in this transaction is Dennis Cetinkaya.
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
6.11%
Cash-on-Cash
-1.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93