Robert Yak Acquires Multifamily Property On 223 24th Street, Brooklyn For $1.16M
223 24th Street, South Slope, Brooklyn, NY, USA
$1,160,000
$281/SF
Building Size
4,125 SF
Asset Type
MultiFamily
Closing
Dec 27, 2018
AI
Located at 223 24th Street in South Slope, Brooklyn, this multifamily property was recently sold in a closed transaction. The property spans a total of 4,125 square feet, with a selling price of $1,160,000 and a price per square foot of $281. The sale was facilitated by Elli Khafizov from assetcrg, who represented both the seller, Steven Przybyl, and the buyer, Robert Yak.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,160,000
- Date: 12/28/2018
- Market: South Slope, Brooklyn
- Square Footage: 4,125
- Price per Square Foot: $281
The deal was successfully closed within just two weeks after the contract was signed. Elli Khafizov of assetcrg proved instrumental in representing both parties in this transaction, demonstrating his expertise in the industry.
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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93