Updated Oct 28, 2024
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
About this deal
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.
On the Map
$3,375,000
$1,022/SF
MultiFamily
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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
4.70%
Cash-on-Cash
-1.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93