Updated Oct 29, 2024
Human Care Services For Families & Children Inc Acquires Multifamily Building In Bensonhurst, Brooklyn For $5M
1770 61st Street
$5,000,000
$657/SF
Building Size
7,609 SF
Asset Type
MultiFamily
Closing
Apr 27, 2023
About this deal
AI
Human Care Services For Families & Children Inc, a nonprofit organization, has purchased a six-unit residential walkup building in Bensonhurst, Brooklyn for $5 million. The property, located at 1770 to 1772 61st Street, has a total of 7,609 square feet of built space. The sale price per built square foot is $657.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Address: 1770 to 1772 61st Street, Bensonhurst, Brooklyn
- Market: Bensonhurst, Brooklyn
- Buyer: Human Care Services For Families & Children Inc - Aron Oberlander
- Seller: Marianne Bertuna
- Units: 6
- Price Per Unit: $833,333
- Total Square Feet: 7,609
- Price Per Square Foot: $657
Aron Oberlander, representing Human Care Services For Families & Children Inc, facilitated the purchase of this multifamily property from seller Marianne Bertuna.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Brooklyn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93