facebook
Traded Co logo
Submit

Noah Pryor Acquires Multifamily Property In Williamsburg, Brooklyn For $1.925M

Property Image
SOLD
$1,925,000

New York

See Similar Deals
MultiFamily2,880 SF
Sold 10/13/2021
the dealplayerscompscontact
Property Image
SOLD

Noah Pryor Acquires Multifamily Property In Williamsburg, Brooklyn For $1.925M

240 Jackson Street, Brooklyn, NY 11211, USA

See Similar Deals
MultiFamily2,880 SF
Sold 10/13/2021
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$668
Total Square Footage:2,880 SF
Transaction Type:Sale

Located at 240 Jackson St. in the Williamsburg neighborhood of Brooklyn, this multifamily property was recently sold in a closed transaction. The property spans a total of 2,880 square feet and was sold for a price of $1,925,000, resulting in a price per square foot of $668. The sale took place on 10/13/2021 and involved a buyer named Noah Pryor and a seller named Marie Reilly.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,925,000
  • Square Footage: 2,880
  • Market: Williamsburg, Brooklyn

The transaction was facilitated by brokers Robert Napolitano and Jessie Lookfong from Capri Jet Realty, along with Andrew Vidokle from legranRealEstate. Together, they represented the buyer and seller in the deal.

It's worth noting that the property was sold for $125,000 over the asking price, showcasing the strong demand and competitive nature of the real estate market in the area.

Players

Jessie Lookfong
14 deals$30.4M volume(631) 408-8918
BROKER

Robert Napolitano
Capri Jet Realty
15 deals$36.9M volume
BROKER

Andrew Vidokle
Compass
2 deals$3.2M volume(516) 606-5743
BROKER

Elegran Real Estate
BROKERAGE

Details

SOLD
IMAGE: Robert Napolitano, Jessie Lookfong & Andrew Vidokle DATE: 10/13/2021 ADDRESS: 240 Jackson St. MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily BUYER: Noah Pryor SELLER: Marie Reilly BROKERS: Robert Napolitano (@CapriJetRealty) & Jessie Lookfong (@CapriJet_Jessie) - Capri Jet Realty & Andrew Vidokle (@AndrewVidokle) - @ElegranRealEstate SALE PRICE: $1,925,000 SF: 2,880 ~ PPSF: $668 NOTE FROM BROKER: Property sold for $125,000 overasking!

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)

$102,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,839.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,125.48
Annual Debt Service$109,505.79