Updated Nov 20, 2023
Samantha Soking Fung Acquires Multifamily Property In Bensonhurst, Brooklyn For $1.85M
2261 85th Street, Brooklyn, NY 11214, USA
$1,850,000
$564/SF
Building Size
3,280 SF
Asset Type
MultiFamily
Closing
Dec 10, 2018
About this deal
AI
An Multifamily property located at 2261 85th Street in Bensonhurst, Brooklyn has been sold for $1,850,000. The building spans 3,280 square feet, resulting in a price per square foot of $564. The transaction took place on 12/11/2018. The seller of the property was Gutfreund Meyer, while the buyer was Samantha Soking Fung. The deal was facilitated by broker Isaac Ilkhanov. Notably, the building was delivered vacant.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Address: 2261 85th Street, Bensonhurst, Brooklyn
- Market: Bensonhurst, Brooklyn
- Square Footage: 3,280
- Price Per Square Foot: $564
The key individuals involved in this transaction include Gutfreund Meyer as the seller, Samantha Soking Fung as the buyer, and Isaac Ilkhanov as the broker representing both parties.
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93