Updated Dec 21, 2023
Dmitry Platonov Acquires Multifamily Building On Corbin Place For $1.55M
239 Corbin Place, Brooklyn, NY, USA
$1,550,000
$516/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Jul 13, 2021
About this deal
AI
A multifamily property located at 239 Corbin Place in Manhattan Beach, Brooklyn has been sold. The property spans 3,000 square feet with a price per square foot of $516. The transaction took place on July 14, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 239 Corbin Place
- Market: Manhattan Beach, Brooklyn
The buyer of the property is Dmitry Platonov, while the seller is Dr. Michael Patin. The deal was facilitated by Jeff Reyngach from CompassNY. The asking price for the property was $1,699,000.
Players
New York 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93