Ari Harkov & Daniel Kanidov Facilitate $2.19M MultiFamily Sale In Greenwood Heights
257 19th Street
$2,190,500
$1,521/SF
Building Size
1,440 SF
Asset Type
MultiFamily
Closing
Mar 8, 2024
AI
The property located at 257 19th Street in Greenwood Heights, Brooklyn, was sold for $2,190,500. This multifamily asset consists of 2 units totaling 1,440 square feet, with a price per unit of $1,095,250 and a price per square foot of $1,521.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,190,500
- Units: 2
- Price Per Unit: $1,095,250
- Square Footage: 1,440
- Price Per Square Foot: $1,521
- Address: 257 19th Street
- Market: Greenwood Heights, Brooklyn
The buyer's representative in this transaction was Ari Harkov from Brown Harris Stevens, while the seller was Mike Jones. Representing the seller was Daniel Kanidov from The Corcoran Group.
Players
Brooklyn 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
7.24%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93