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239 President St, Carroll G...

Habitat Living Acquires Multifamily Property On President St. In Carroll Gardens For $3.5M
SOLDMultiFamily

Habitat Living Acquires Multifamily Property On President St. In Carroll Gardens For $3.5M

239 President St, Carroll Gardens, Brooklyn, NY, USA

$3,500,000

$675/SF

Building Size

5,184 SF

Asset Type

MultiFamily

Closing

Aug 27, 2021

AI

Located in Carroll Gardens, the multifamily property at 239 President St. was recently sold for $3,500,000. Spanning approximately 5,184 square feet, the property offers a price per square foot of $675. The transaction took place on August 27, 2021, and involved Habitat Living as the buyer and Catherine Rodrigues as the seller. The property is classified as a 2A tax class.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 239 President St.
  • Market: Carroll Gardens
  • Square Footage: 5,184
  • Price per Square Foot: $675

Habitat Living, represented by Eli Scharf, acted as the buyer in this transaction. Catherine Rodrigues, on the other hand, served as the seller. Carroll Gardens Realty played a crucial role as the broker facilitating the sale.

Players

Elie Scharf

Habitat Living

Buyer

$14M

vol

4 deals

Buyer

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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93