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2317 Newkirk Ave, Brooklyn,...

Jason Wisotsky Acquires Property At 2317 Newkirk Ave Brooklyn For $3.3M With Broker Jason Goldy
SOLDMultiFamily

Jason Wisotsky Acquires Property At 2317 Newkirk Ave Brooklyn For $3.3M With Broker Jason Goldy

2317 Newkirk Ave, Brooklyn, NY, 11226

$3,300,000

$211/SF

Building Size

15,600 SF

Asset Type

MultiFamily

Closing

Nov 20, 2023

AI

The property asset involved in the transaction is located at 2317 Newkirk Ave, Brooklyn, NY, 11226. This transaction represents a sale in the Brooklyn market, with the buyer acquiring the property for a total price of $3,300,000.00. The building encompasses a total square footage of 15,600 square feet.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $3,300,000.00
  • Address: 2317 Newkirk Ave, Brooklyn, NY, 11226
  • Market: Brooklyn
  • Seller's Representative: Jason Goldy - Meridian Capital Group
  • Buyer: Jason Wisotsky
  • Square Footage: 15,600

The transaction showcases the involvement of Jason Goldy representing the seller, with Meridian Capital Group facilitating the deal. The buyer, Jason Wisotsky, completed the purchase as part of this recorded transaction in the Brooklyn market.

Players

Jason Goldy

Meridian Capital Group

Broker

$215.7M

vol

9 deals

Broker

Jason Wisotsky

Four Corners Development Group

Buyer

$144.3M

vol

11 deals

Buyer

Brooklyn 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93