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202 Madison Street, Brookly...

Yosef Rosenberg Acquires Multifamily Property In Bedford-Stuyvesant For $1.7M
SOLDMultiFamily

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

Sully Klein

Broker

$28.7M

vol

14 deals

Broker

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