Johnathan Naymark Acquires Park Slope Multifamily From John DeSilvia For $3.375M
43 Park Place, Brooklyn, NY 11217, USA
$3,375,000
$937/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
Aug 25, 2021
AI
The multifamily property located at 43 Park Place in Park Slope has been sold. The property, classified under tax class 2A, was part of a closed transaction on August 25, 2021. The sale was facilitated by Ian Mednick, Caterina Peters, and Matt Kirby Smith.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,375,000
- Address: 43 Park Place
- Market: Park Slope
- Square Footage: 3,600
- Price Per Square Foot: $937
- Number of Units: 4
- Price Per Unit: $862,500
The buyer of the property is Johnathan Naymark, while the seller is John DeSilvia. Representing the seller in this transaction were Ian Mednick, Matt Kirby Smith, and Caterina Peters.
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
4.70%
Cash-on-Cash
-1.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93