Updated Dec 21, 2023
Rosario Parlanti Acquires Multifamily Property In Brooklyn For $6.1M With Brokers Shlomo Antebi, Yosef Katz & Erik Yankelovich @ARG_NYC
215 Sterling Street, Brooklyn, NY, USA
$6,100,000
$189/SF
Building Size
32,120 SF
Asset Type
MultiFamily
Closing
Dec 16, 2020
About this deal
AI
Located at 215 Sterling Street in Brooklyn, this multifamily property was recently sold in a closed transaction. The property, with a total square footage of 32,120, is zoned as R5, and consists of 35 units. The sale took place on December 17, 2020, with a sale price of $6,100,000. The price per square foot was approximately $189, while the price per unit was about $174,285.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,100,000
- Address: 215 Sterling Street, Brooklyn
- Market: Brooklyn
- Square Footage: 32,120
- Units: 35
- Price per Square Foot: $189
- Price per Unit: $174,285
The buyer of this property was Rosario Parlanti, while the seller was the Sayegh Family. The deal was facilitated by brokers Shlomo Antebi, Yosef Katz, and Erik Yankelovich from ARG_NYC.
On the Map
$6,100,000
$189/SF
MultiFamily
View full map
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Yosef Katz to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93