facebook
Traded Co logo
Submit

Hanna Dadon Acquires Greenpoint Multifamily For $3.05M

Property Image
SOLD
$3,055,000
Sean R. Kelly, Esq.

New York

See Similar Deals
MultiFamily4,875 SF
Sold 12/08/2021
the dealplayerscompscontact
Property Image
SOLD

Hanna Dadon Acquires Greenpoint Multifamily For $3.05M

230 Kingsland Avenue

See Similar Deals
MultiFamily4,875 SF
Sold 12/08/2021
Sean R. Kelly, Esq.
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$626
Total Square Footage:4,875 SF
Transaction Type:Sale

A multifamily property located at 230 Kinglsand Avenue in Greenpoint has been sold. The property consists of 6 units with a total square footage of 4,875. The sale price for this transaction was $3,055,000, resulting in a price per unit of approximately $509,166 and a price per square foot of around $626.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,055,000
  • Address: 230 Kinglsand Avenue
  • Market: Greenpoint

The buyer of the property is Hanna Dadon, and the seller is Keith Balis. The deal was facilitated by Sean R. Kelly Esq. and Benjamin Vago Esq. from Ariel Property Advisors.

Players

Sean R. Kelly, Esq.
56 deals$529.8M volume
BROKER

Benjamin Vago, Esq.
Ariel Property Advisors
24 deals$244.9M volume
BROKER

Details

SOLD
IMAGE: Sean R. Kelly Esq. & Benjamin Vago Esq. DATE: 12/08/2021 ADDRESS: 230 Kinglsand Avenue MARKET: Greenpoint ASSET TYPE: Multifamily BUYER: Hanna Dadon SELLER: Keith Balis BROKERS: Sean R. Kelly Esq. & Benjamin Vago Esq. - Ariel Property Advisors (@ArielPA.NYC) SALE PRICE: $3,055,000 UNITS: 6 ~ PPU: $509,166 SF: 4,875 ~ PPSF: $626

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$162,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,853.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,482.26
Annual Debt Service$173,787.10