Morris Meisels Sells MultiFamily Property At 182 Eagle Street Brooklyn For $13.35M
SOLD
$13,300,000
New York
See Similar DealsMultiFamily22,455 SF
Sold 12/30/2024
SOLD
Morris Meisels Sells MultiFamily Property At 182 Eagle Street Brooklyn For $13.35M
182 Eagle Street
See Similar DealsMultiFamily22,455 SF
Sold 12/30/2024
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$592
Total Square Footage:22,455 SF
Transaction Type:Sale
The multi-family property located at 182 Eagle Street in Brooklyn has been sold for $13,350,000. The total square footage of the property is 22,455, resulting in a price per square foot of $595.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $13,350,000
- Address: 182 Eagle Street
- Market: Brooklyn
- Square Footage: 22,455
- Price Per Square Foot: $595
- Seller: Morris Meisels
- Broker Representatives: Lev Mavashev & Daniel Aminov - Alpha Realty
Lev Mavashev and Daniel Aminov from Alpha Realty represented the seller, Morris Meisels, in this transaction, facilitating the sale within the Brooklyn market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$709,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,252.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,048.79
Annual Debt Service$756,585.42
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