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195 30th Street

Mitch Gordon Acquires Multifamily In Greenwood, Brooklyn For $1.75M
SOLDMultiFamily

Mitch Gordon Acquires Multifamily In Greenwood, Brooklyn For $1.75M

195 30th Street

$1,750,000

$511/SF

Building Size

3,420 SF

Asset Type

MultiFamily

Closing

Mar 12, 2024

AI

The multifamily property located at 195 30th Street in Greenwood, Brooklyn, was sold for $1,750,000, featuring 5 units with a price per unit of $350,000. The property spans 3,420 square feet, amounting to a price per square foot of $512.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Units: 5
  • Square Footage: 3,420
  • Price per Unit: $350,000
  • Price per Square Foot: $512
  • Address: 195 30th Street
  • Market: Greenwood, Brooklyn

Mitch Gordon purchased the property from the Deo Family, with Romain Sinclair of Greysteel acting as the broker in the transaction.

Players

Romain Sinclair

Greysteel

Broker

$33.2M

vol

14 deals

Broker

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

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93