Updated Dec 4, 2024
Sandy Craddock Acquires Single Family Property On Coleman Street In Marine Park, Brooklyn For $875,000
2135 Coleman Street
$875,000
$581/SF
Building Size
1,506 SF
Asset Type
MultiFamily
Closing
Oct 17, 2023
About this deal
AI
A single-family property located at 2135 Coleman Street in Marine Park, Brooklyn has been sold for $875,000. The property spans 1,506 square feet, resulting in a price per square foot of $581.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $875,000
- Address: 2135 Coleman Street, Marine Park, Brooklyn
The buyer of the property is Sandy Craddock, while the seller is Ronald Reggio. Malcolm Louis Adams, a representative from Compass, acted as the buyer's agent in the transaction. On the other hand, Jack Chiu from Douglas Elliman represented the seller, Ronald Reggio.
On the Map
$875,000
$581/SF
MultiFamily
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Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $581 per square foot on a published $875K for 1,506 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.13%
Cash-on-Cash
-5.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93