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212 Calyer Street

Scott Myers & Cayla James Acquire Multifamily Property In Greenpoint, Brooklyn For $2.995M
SOLDMultiFamily

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

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.

Players

Sean Sasso

Compass

Broker

$5.7M

vol

2 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

5.30%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93