Brown Harris Stevens Acquires Multifamily Property In Greenpoint, Brooklyn For $2.675M
SOLD
$2,675,000
New York
See Similar DealsMultiFamily2,400 SF
Sold 09/14/2022
SOLD
Brown Harris Stevens Acquires Multifamily Property In Greenpoint, Brooklyn For $2.675M
208a Calyer Street
See Similar DealsMultiFamily2,400 SF
Sold 09/14/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,114
Total Square Footage:2,400 SF
Transaction Type:Sale
An multifamily property located at 208A Calyer Street in Greenpoint, Brooklyn has been sold for a price of $2,675,000. The property spans 2,400 square feet, resulting in a price per square foot of $1,115.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,675,000
- Square Footage: 2,400
- Price per Square Foot: $1,115
- Address: 208A Calyer Street, Greenpoint, Brooklyn
- Market: Greenpoint, Brooklyn
Ari Harkov from Brown Harris Stevens represented the buyer in this transaction, while Sean Sasso from Compass represented the seller. These individuals played key roles in facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$142,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,503.71
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,680.86
Annual Debt Service$152,170.38
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