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208 Prospect Park West, Win...

Updated Dec 21, 2023

Deborah Prinz Acquires Multifamily Property In Park Slope, Brooklyn For $5.15M
SOLDMultiFamily

Deborah Prinz Acquires Multifamily Property In Park Slope, Brooklyn For $5.15M

208 Prospect Park West, Windsor Terrace, Brooklyn, NY, USA

$5,150,000

$558/SF

Building Size

9,214 SF

Asset Type

MultiFamily

Closing

May 26, 2021

About this deal

AI

The multifamily property at 208 Prospect Park West in Park Slope, Brooklyn has been sold for $5,150,000. The property has a total building square footage (BSF) of 13,600 with a price per BSF (PPBSF) of $378. The total square footage (SF) of the property is 9,214 with a price per square foot (PPSF) of $558. The property has a floor area ratio (FAR) of 2.71 and is classified under tax class 2. The lot size is 3,400 and the lot dimensions are 34 ft x 100 ft. The property previously underwent an alteration type 2 permit on 02/02/2016.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,150,000
  • Market: Park Slope, Brooklyn
  • Zoning: R8B, C2-4
  • Buyer: Deborah Prinz
  • Seller: Richard E C White

Deborah Prinz has acquired the property at 208 Prospect Park West from Richard E C White. The transaction involved a multifamily property in the Park Slope neighborhood of Brooklyn. Deborah Prinz and Richard E C White were the key individuals involved in the deal.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $558 per square foot on a published $5.2M for 9,214 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.08%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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