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Morris Daniel Acquires Multifamily Property At 2001 Fulton Street In Brooklyn For $1.165M

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SOLD
$1,165,000

New York

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MultiFamily3,000 SF
Sold 11/27/2024
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Property Image
SOLD

Morris Daniel Acquires Multifamily Property At 2001 Fulton Street In Brooklyn For $1.165M

2001 Fulton Street

See Similar Deals
MultiFamily3,000 SF
Sold 11/27/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$388
Total Square Footage:3,000 SF
Transaction Type:Sale

The multifamily property located at 2001 Fulton Street in Brooklyn has been sold for $1,165,000. The asset features a total of 3 vacant apartments across 3,000 square feet, providing a price per unit of $388,333 and a price per square foot of $388.

Summary of transaction details:

Matheos Realty Group successfully facilitated the sale, representing the interests of both the buyer and seller in this transaction. This deal underscores the effective brokerage services provided by Peter Matheos, Isaiah Thomas, and Nazaih Arroyo in the multifamily market.

Players

Isaiah Thomas
17 deals$76.9M volume(347) 886-1235
BROKER

Peter Matheos
Matheos Realty Group
21 deals$69.2M volume(646) 423-0757
BROKER

Nazaih Arroyo
Matheos Realty Group
3 deals$6.3M volume
BROKER

Details

SOLD
IMAGE: Peter Matheos, Isaiah Thomas & Nazaih Arroyo DATE: 11/27/2024 ADDRESS: 2001 Fulton Street MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Morris Daniel SELLER: Steve Sperenza BROKERS: Peter Matheos (@P_Matheos), Isaiah Thomas (@BKRealtorzay) & Nazaih Arroyo (@Nazsellsnyc) - Matheos Realty Group (@MatheosRealtyGroup) SALE PRICE: $1,165,000 UNITS: 3 ~ PPU: $388,333 SF: 3,000 ~ PPSF: $388 NOTE FROM BROKER: Matheos Realty Group brokered the sale of 2001 Fulton street for $1,1650,000. The three family building located in Ocean Hill, consists of 3 vacant apartments. For more information or to learn more about MRG other listings please contact: Peter Matheos [email protected] 212.381.6057

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,139.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,522.69
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