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224 Hall St Brooklyn, NY 11...

Raquel Ayala Acquires Multifamily Property On Hall Street In New York City For $2.25M
SOLDMultiFamily

Raquel Ayala Acquires Multifamily Property On Hall Street In New York City For $2.25M

224 Hall St Brooklyn, NY 11205, USA

$2,250,000

$799/SF

Building Size

2,816 SF

Asset Type

MultiFamily

Closing

Jun 15, 2023

AI

The multifamily property located at 224 Hall Street in New York City has been sold in a recent transaction. The property spans 2,816 square feet and was sold for a total price of $2,250,000. The sale price per square foot comes out to be $799.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $2,250,000
  • Address: 224 Hall Street
  • Market: New York City

The buyer in this transaction is Raquel Ayala, while the seller is Lillian Giacobbe. The deal was facilitated by broker Thomas Higgins from Douglas Elliman.

Players

Thomas Higgins

Douglas Elliman

Broker

$10.4M

vol

5 deals

Broker

Raquel Ayala

Buyer

$2.3M

vol

2 deals

Buyer

Lillian Giacobbe

Seller

$3.5M

vol

2 deals

Seller

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

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93