Updated Oct 25, 2024
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
About this deal
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.
On the Map
$2,250,000
$799/SF
MultiFamily
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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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93