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221 Roebling St, Brooklyn, ...

Yoon Han Acquires Multi-Family Property In Williamsburg, Brooklyn For $1.75M
SOLDMultiFamily

Yoon Han Acquires Multi-Family Property In Williamsburg, Brooklyn For $1.75M

221 Roebling St, Brooklyn, NY 11211, USA

Building Size

18,000 SF

Asset Type

MultiFamily

Closing

Mar 8, 2018

AI

A multi-family property located at 221 Roebling Street in New York's Williamsburg neighborhood was sold for a price of $1,750,000. The property spans 1,800 square feet, resulting in a price per square foot of $972. The seller of the property was the Medina Family Trust, while the buyer was Yoon Han and Hye. The deal was facilitated by two brokers - Daniel Barcelowsky at Evergreen Realty & Investments represented the seller, and Ed Cho at Space Marketing Shop represented the buyer.

Summary of transation details

  • Property Type: Multi-Family
  • Transaction Amount: $1,750,000
  • Property Area: 1,800 sq ft
  • Price per Square Foot: $972
  • Seller: Medina Family Trust
  • Buyer: Yoon Han, Hye
  • Seller's Broker: Daniel Barcelowsky - Evergreen Realty & Investments
  • Buyer's Broker: Ed Cho - Space Marketing Shop

The sale of the multi-family property on 221 Roebling Street in Williamsburg, Brooklyn was successfully completed. Daniel Barcelowsky of Evergreen Realty & Investments and Ed Cho of Space Marketing Shop played key roles as the respective brokers for the seller and buyer, facilitating the transaction.

Players

Daniel Barcelowsky

Evergreen Realty & Investments

Broker

$83.9M

vol

52 deals

Broker
T
TrustSeller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93