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257 19th Street

Ari Harkov & Daniel Kanidov Facilitate $2.19M MultiFamily Sale In Greenwood Heights
SOLDMultiFamily

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

Ari Harkov

Brown Harris Stevens

Broker

$429.1M

vol

86 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

7.24%

Cash-on-Cash

-2.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93