facebook
Traded Co logo
Submit

Wayne Yun Purchases Multifamily Property At 236a Putnam Avenue Brooklyn For $3.25M

Property Image
SOLD
$3,250,000

New York

See Similar Deals
MultiFamily3,300 SF
Sold 07/02/2024
the dealplayerscompscontact
Property Image
SOLD

Wayne Yun Purchases Multifamily Property At 236a Putnam Avenue Brooklyn For $3.25M

236a Putnam Avenue

See Similar Deals
MultiFamily3,300 SF
Sold 07/02/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$984
Total Square Footage:3,300 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 236a Putnam Avenue in the Brooklyn market. The sale price was $3,250,000, with a total square footage of 3,300, resulting in a price per square foot of $984.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,250,000
  • Address: 236a Putnam Avenue
  • Market: Brooklyn
  • Square Footage: 3,300
  • Price Per Square Foot: $984
  • Buyer: Wayne Yun
  • Brokers: Afik Even & Sarig Brand - Massada Home Sales

Afik Even and Sarig Brand represented the buyer in this transaction. The brokers secured a direct deal, going into contract in just 26 days and achieving full asking price, underscoring their neighborhood expertise.

Players

19 deals$51M volume(917) 583-6706
BROKER

Afik Even
19 deals$50.8M volume
BROKER

Details

SOLD
IMAGE: Afik Even & Sarig Brand DATE: 07/02/2024 ADDRESS: 236a Putnam Avenue MARKET: Brooklyn ASSET TYPE: Multifamily BUYER: Wayne Yun BROKERS: Afik Even (@AEBrownstones) & Sarig Brand (@BrandRealtyNYC) - Massada Home Sales (@MassadaHomeSales) SALE PRICE: $3,250,000 SF: 3,300 ~ PPSF: $984 NOTE FROM BROKER: Neighborhood expertise matters! We secured a direct deal, went into contract in just 26 days, and achieved full asking price. Trust the brokers who know how to get it done!

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$173,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90