Updated Sep 9, 2024
184 Saint Marks Avenue Multifamily Sold In Prospect Heights For $2.975M From Seller Stephen Commender
184 Saint Marks Avenue, Brooklyn, NY, USA
$2,975,000
$641/SF
Building Size
4,640 SF
Asset Type
MultiFamily
Closing
Oct 18, 2021
About this deal
AI
184 Saint Marks Avenue, located in Prospect Heights, has been sold in a multifamily transaction. The property, consisting of 4 units, spans a total of 4,640 square feet. The sale price for this transaction was $2,975,000, resulting in a price per unit of $743,750 and a price per square foot of $641.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,975,000
- Address: 184 Saint Marks Avenue
- Market: Prospect Heights
- Units: 4
- Price per Unit: $743,750
- Square Footage: 4,640
- Price per Square Foot: $641
The transaction was facilitated by the Bestreich Realty Group, with brokers Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Gabriel Kates, and Daniel Shawah representing the seller, Stephen Commender.
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
5.33%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93