Yosef Rosenberg Acquires Multifamily Property In Bedford-Stuyvesant For $1.7M
202 Madison Street, Brooklyn, New York 11216, United States
$1,700,000
$531/SF
Building Size
3,200 SF
Asset Type
MultiFamily
Closing
Jun 9, 2022
AI
The multifamily property located at 202 Madison St. in Bedford-Stuyvesant, was recently sold for a total of $1,700,000. The transaction took place on 06/10/2022. The property consists of 3 units, with a price per unit (PPU) of approximately $566,666. The total square footage of the property is 3,200, resulting in a price per square foot (PPSF) of $531.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Units: 3
- PPU: $566,666
- Square Footage: 3,200
- PPSF: $531
- Address: 202 Madison St.
- Market: Bedford-Stuyvesant
Yosef Rosenberg purchased the property from Kyle Tayler. The sale was facilitated by broker Sully Klein from Real Street.
Players
New York 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