Updated Sep 5, 2024
Scott Myers & Cayla James Acquire Multifamily Property In Greenpoint, Brooklyn For $2.995M
212 Calyer Street
$2,995,000
$972/SF
Building Size
3,080 SF
Asset Type
MultiFamily
Closing
Dec 21, 2022
About this deal
AI
The multifamily property located at 212 Calyer Street in Greenpoint, Brooklyn has been sold in a closed transaction. The property consists of 2 units with a total of 3,080 square feet. The sale price for this transaction was $2,995,000, resulting in a price per unit of $1,497,500 and a price per square foot of $972.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,995,000
- Address: 212 Calyer Street, Greenpoint, Brooklyn
- Units: 2
- Price per Unit: $1,497,500
- Square Footage: 3,080
- Price per Square Foot: $972
The buyer in this transaction is Scott Myers and Cayla James. The seller of the property is Chana Kelvin. Sean Sasso from Compass represented the seller, while Jessica Peters from Douglas Elliman represented the buyer.
On the Map
$2,995,000
$972/SF
MultiFamily
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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
5.30%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93