Updated Dec 21, 2023
Natalie Jacobs Acquires Multifamily Property On Polhemus Place For $3.75M
20 Polhemus Place, Park Slope, Brooklyn, NY, USA
$3,750,000
$1,219/SF
Building Size
3,076 SF
Asset Type
MultiFamily
Closing
May 31, 2021
About this deal
AI
A multifamily property located at 20 Polhemus Place in Park Slope, Brooklyn has been sold for $3,750,000. The property has a building square footage of 3,456 and a price per square foot of $1,085. The lot size is 1,728, with dimensions of 18 ft x 96 ft. The property is zoned as R6B and has a floor area ratio (FAR) of 1.78. It falls under tax class 1. The property underwent an alteration type 3 permit on August 7, 2017.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,750,000
- Market: Park Slope, Brooklyn
- Buyer: Natalie Jacobs
- Seller: Michael L Callahan
- Building Square Footage: 3,456
- Price per Square Foot: $1,085
- Lot Size: 1,728
- Permits: Alteration type 3 (08/07/2017)
- Lot Dimensions: 18 ft x 96 ft
- Zoning: R6B
- Floor Area Ratio (FAR): 1.78
- Tax Class: 1
Natalie Jacobs purchased the property from Michael L Callahan. The transaction took place on June 1, 2021. The property's price per square foot is $1,085, and the purchase price was $3,750,000. The building has a total square footage of 3,456 and is situated on a lot with dimensions of 18 ft x 96 ft. The property is zoned as R6B and has an FAR of 1.78. The property falls under tax class 1 and underwent an alteration type 3 permit on August 7, 2017.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93