Updated Dec 21, 2023
Vic Sozio, David Shorenstein And Alexander McGee Acquire Multifamily Package In Brooklyn For $15.9M
2102 Regent Pl, Brooklyn, NY 11226, USA
$15,926,000
$199/SF
Building Size
79,932 SF
Asset Type
MultiFamily
Closing
Jul 11, 2018
About this deal
AI
The multifamily properties located at 2102 Regent Place, 2108 Regent Place, 2112 Regent Place, 2116 Regent Place, 2322 Bedford Avenue, 25t, E 21st Street, 369 E 21st Street, 600 E 22nd Street, and 90 E 18th Street in Brooklyn, New York, have recently been involved in a closed transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,926,000
- Square Footage: 79,932 SF
- Market: Brooklyn
Vic Sozio, David Shorenstein, and Alexander McGee played significant roles in this deal. Vic Sozio, from [TYPE]'s REP, represented one party in the transaction, while David Shorenstein and Alexander McGee, both from [TYPE]'s REP, represented the other party.
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
1.00%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93