Updated Sep 5, 2024
Melissa Rojas Acquires Bushwick Multifamily For $1.42M From Seller Sergio & Felipe Gonzalez
215 St Nicholas Ave, New York, NY 10027, USA
$1,420,000
$473/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Jul 14, 2020
About this deal
AI
The multifamily property located at 215 Saint Nicholas Avenue in Bushwick, Brooklyn has been sold in a closed transaction. The sale was completed on July 15, 2020, with a sale price of $1,420,000. The property spans 3,000 square feet, resulting in a price per square foot of $473.33. It consists of 4 units, with a price per unit of $355,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,420,000
- Address: 215 Saint Nicholas Avenue, Bushwick, Brooklyn
- Market: Bushwick, Brooklyn
The sellers of the property were Sergio & Felipe Gonzalez, while the buyer was Melissa Rojas. Representing the sellers was Harry Zikos from NestSeekers, and the buyer was represented by Andrea Steddick from Coldwell Banker.
This transaction was carried out as a 1031 Exchange. No further details are available.
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
11.17%
Cash-on-Cash
-3.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93