Yossi Hackner Acquires Multifamily Property In Crown Heights For $1.04M
234 Schenectady Avenue, Brooklyn, New York 11213, United States
$1,040,000
$173/SF
Building Size
6,006 SF
Asset Type
MultiFamily
Closing
Jan 6, 2022
AI
A multifamily property located at 234 Schenectady Ave. in Crown Heights has been sold. The property is zoned as R6 and consists of 6,006 square feet. The sale took place on January 6, 2022, with a sale price of $1,040,000. The property has 6 units, making the price per unit $173,333. The price per square foot is $173.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,040,000
- Address: 234 Schenectady Ave., Crown Heights
- Market: Crown Heights
The buyer of the property is Yossi Hackner. Marcel Fridman from Barcel Group represented the buyer as the broker in this transaction.
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
15.25%
Cash-on-Cash
-4.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93