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236a Putnam Avenue

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

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

236a Putnam Avenue

$3,250,000

$984/SF

Building Size

3,300 SF

Asset Type

MultiFamily

Closing

Jul 2, 2024

AI

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

Sarig Brand

Broker

$51M

vol

19 deals

Broker

Brooklyn 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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93