facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

195 North 5th Street, Brook...

Updated Dec 20, 2023

Gregory Uckele Acquires Multifamily Property On North 5th Street, Williamsburg For $3.1M
SOLDMultiFamily

Gregory Uckele Acquires Multifamily Property On North 5th Street, Williamsburg For $3.1M

195 North 5th Street, Brooklyn, New York 11211, United States

$3,100,000

$1,423/SF

Building Size

2,178 SF

Asset Type

MultiFamily

Closing

Mar 23, 2022

About this deal

AI

The multifamily property located at 195 North 5th Street in Williamsburg, Brooklyn has been sold for a price of $3,100,000. The property has a building square footage (BSF) of 2,904, resulting in a price per BSF (PPBSF) of $1,067. The total square footage (SF) of the property is 2,178, with a price per SF (PPSF) of $1,423. The lot size of the property is 2,200, with dimensions of 25 ft x 100 ft.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,100,000
  • BSF: 2,904
  • PPBSF: $1,067
  • SF: 2,178
  • PPSF: $1,423
  • Address: 195 North 5th Street
  • Market: Williamsburg, Brooklyn
  • Lot Size: 2,200
  • Lot Dimensions: 25 ft x 100 ft

Gregory Uckele has purchased the property from Erica Marks. Both parties were represented by their respective brokers.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $1.4K per square foot on a published $3.1M for 2,178 square feet (2022).

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets