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236 12th Street, Brooklyn, ...

Sean Gleason Acquires Multifamily Property In Park Slope For $3.375M With Seller's Rep Joshua Dardashtian - Dash Real Estate Group
SOLDMultiFamily

Sean Gleason Acquires Multifamily Property In Park Slope For $3.375M With Seller's Rep Joshua Dardashtian - Dash Real Estate Group

236 12th Street, Brooklyn, NY 11215

$3,375,000

$1,022/SF

Building Size

3,300 SF

Asset Type

MultiFamily

Closing

Dec 17, 2021

AI

A multifamily property located at 236 12th St. in Park Slope has been sold in a recent transaction. The property, with a total area of 3,300 square feet, features two units. The sale price for this transaction was $3,375,000, resulting in a price per unit of $1,687,500. The price per square foot for the property is $1,023.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,375,000
  • Address: 236 12th St.
  • Market: Park Slope

The buyer in this transaction is Sean Gleason, while the seller is Joshua Dardashtian, represented by Dash Real Estate Group. The Nielsen-Sadownick Team from Corcoran acted as the broker in this deal.

Note from the seller: Dash Real Estate Group is a developer and principal with a focus on the boroughs of NYC. They actively pursue value add and new construction projects. Potential opportunities can be shared by direct messaging.

Players

Joshua Dardashtian

Dash Real Estate Group

Seller

$10.6M

vol

6 deals

Seller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.70%

Cash-on-Cash

-1.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93