Anna & Vadim Belobrovka Purchase Multifamily Asset At 19 Denton Place Brooklyn For $2M
19 Denton Place
$2,000,000
$644/SF
Building Size
3,105 SF
Asset Type
MultiFamily
Closing
Jul 10, 2024
AI
The multifamily property located at 19 Denton Place in Park Slope, Brooklyn, has been sold for $2,000,000. The asset comprises 5 units, providing a price per unit of $400,000. The total square footage of the property is 3,105, which results in a price per square foot of $644.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Units: 5
- Price per Unit: $400,000
- Square Footage: 3,105
- Price per Square Foot: $644
- Buyer: Anna & Vadim Belobrovka
- Seller: Lorraine Fauci
- Broker Representatives: Vito Angelo, Billy Apter - Remax; Michael Zats - Brooklyn Heights Real Estate
The transaction involved Anna and Vadim Belobrovka as the buyers and Lorraine Fauci as the seller. The deal was facilitated by brokers Vito Angelo and Billy Apter from Remax, along with Michael Zats from Brooklyn Heights Real Estate.
Players
Brooklyn 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93