Jacob Bereger Acquires Multifamily Property For $1.38M In Bedford Stuyvesant
188 Hart Street, Brooklyn, NY 11206
$1,380,000
$432/SF
Building Size
3,192 SF
Asset Type
MultiFamily
Closing
Jun 3, 2020
AI
The multifamily property located at 188 Hart Street in Bedford Stuyvesant has been sold in a recent transaction. The property spans 3,192 square feet and features multiple residential units. The sale price for this asset was $1,380,000, resulting in a price per square foot of $432.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,380,000
- Address: 188 Hart Street
- Market: Bedford Stuyvesant
Jacob Bereger purchased the property from Fiona & Matt Carpenter. The deal was facilitated by Doron Berenholtz and Stephanie Ohayon from The Corcoran Group.
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
11.49%
Cash-on-Cash
-3.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93