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Anna & Vadim Belobrovka Purchase Multifamily Asset At 19 Denton Place Brooklyn For $2M

Property Image
SOLD
$2,000,000

New York

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MultiFamily3,105 SF
Sold 07/10/2024
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Property Image
SOLD

Anna & Vadim Belobrovka Purchase Multifamily Asset At 19 Denton Place Brooklyn For $2M

19 Denton Place

See Similar Deals
MultiFamily3,105 SF
Sold 07/10/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$644
Total Square Footage:3,105 SF
Transaction Type:Sale

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:

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

Vito Angelo
38 deals$77.9M volume(718) 887-5708
BROKER

Billy Apter
Re/Max
33 deals$66.3M volume(347) 721-6599
BROKER

Michael Zats
Brooklyn Heights Real Estate
5 deals$25.6M volume(917) 679-1516
BROKER

Details

SOLD
IMAGE: Vito Angelo & Michael Zats DATE: 07/10/2024 ADDRESS: 19 Denton Place MARKET: Park Slope, Brooklyn ASSET TYPE: Multifamily BUYER: Anna & Vadim Belobrovka SELLER: Lorraine Fauci BROKERS: Vito Angelo (@TheVitoAngeloShow) (@VitoAngeloSellsBrooklyn), Billy Apter (@TheRealEstateaTeam) - Remax (@RemaxRealEstateProfessionals) ; & Michael Zats (@Mzbushy) - Brooklyn Heights Real Estate (@BrooklynHeights_RealEstate) SALE PRICE: $2,000,000 UNITS: 5 ~ PPU: $400,000 SF: 3,105 ~ PPSF: $644

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24