Updated Jan 23, 2025
Lin Mei Xian Acquires Multifamily Property At 1968 77th Street Brooklyn For $1.67M
1968 77th Street
$1,670,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2024
About this deal
AI
The transaction involved a MultiFamily property situated at 1968 77th Street in the Brooklyn market. The asset was sold for $1,670,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,670,000.00
- Address: 1968 77th Street
- Market: Brooklyn
- Buyer: LIN MEI XIAN
- Brokers: Christopher J. Calabrese(The CS Organization)
Christopher J. Calabrese from The CS Organization represented the transaction, facilitating the sale process for the buyer LIN MEI XIAN.
The multifamily sale at 1968 77th Street in Brooklyn, New York sold for $1.7M in 2024. 1968 77th Street is classified as Multifamily on Traded. Christopher J. Calabrese, The CS Organization appear on the sale alongside The CS Organization. This page is the Brooklyn, New York file for the 1968 77th Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn multifamily set by closing date to see what else sold near 1968 77th Street around 2024. Published consideration for 1968 77th Street is $1.7M, dated 2024. Cite this Lin Mei Xian Acquires Multifamily Property At 1968 77th Street Brooklyn For $1.67M sale when underwriting similar multifamily product around Brooklyn, New York.
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
9.50%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93