SOLDMultiFamily
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
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.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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