Sean Gleason Acquires Multifamily Property In Park Slope For $3.375M With Seller's Rep Joshua Dardashtian - Dash Real Estate Group
SOLD
$3,375,000
New York
See Similar DealsMultiFamily3,300 SF
Sold 12/17/2021
SOLD
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
See Similar DealsMultiFamily3,300 SF
Sold 12/17/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,022
Total Square Footage:3,300 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$180,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,990.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,999.22
Annual Debt Service$191,990.66
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