Updated Oct 28, 2024
Klosed Properties Acquires Multifamily Property On Hull Street, Brooklyn For $1.7M
202 Hull Street, Brooklyn, NY, USA
$1,700,000
$348/SF
Building Size
4,875 SF
Asset Type
MultiFamily
Closing
Nov 18, 2021
About this deal
AI
A multifamily property located at 202 Hull Street in Brooklyn has been sold for $1,700,000. The property spans 4,875 square feet with a price per square foot of $348. The transaction took place on November 18, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 202 Hull Street, Brooklyn
- Square Footage: 4,875
- Price per Square Foot: $348
- Market: Brooklyn
- Asset Type: Multifamily
- Tax Class: 2A
The buyer of the property is Klosed Properties, represented by Steven Kachanian and Adam Hajibai. The seller is Jack Lazerowitz. Yitzy Kramer from TBG Equity Holdings acted as the broker in the transaction.
Please reach out to Adam at [email protected] or 516-858-0024 for any opportunities.
On the Map
$1,700,000
$348/SF
MultiFamily
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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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93