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Daniel Brujis Acquires Multifamily Property In Prospect Heights, Brooklyn For $4.5M

Property Image
SOLD
$4,553,750

New York

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MultiFamily4,249 SF
Sold 08/01/2022
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Property Image
SOLD

Daniel Brujis Acquires Multifamily Property In Prospect Heights, Brooklyn For $4.5M

270 Sterling Place, Brooklyn, New York 11238, United States

See Similar Deals
MultiFamily4,249 SF
Sold 08/01/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,071
Total Square Footage:4,249 SF
Transaction Type:Sale

The multifamily property located at 270 Sterling Place in Prospect Heights, Brooklyn has been sold. The transaction took place on August 1, 2022. The property is zoned as R8X and has a tax class of 1. The lot size is 1,940 square feet, with dimensions measuring 20 feet by 94.25 feet. The last recorded sale of the property was on February 9, 2012, for a price of $1,537,500. An alteration permit was issued on March 21, 2012.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,553,750
  • BSF (Building Square Footage): 11,679
  • PPBSF (Price per Building Square Footage): $389
  • SF (Lot Size): 4,249
  • PPSF (Price per Square Foot): $1,071
  • FAR (Floor Area Ratio): 2.19

The buyer of the property is Daniel Brujis, while Stuart Van Leenen is the seller. Daniel Brujis was represented by his broker in the deal. The sale price for the property was $4,553,750. The property offers a building square footage of 11,679 and a lot size of 4,249 square feet. The price per building square footage is $389, and the price per square foot is $1,071. The floor area ratio of the property is 2.19.

Players

3 deals$13M volume
SELLER

Details

SOLD
IMAGE: 08/01/2022 ADDRESS: 270 Sterling Place MARKET: Prospect Heights, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R8X BUYER: Daniel Brujis SELLER: Stuart Van Leenen PRICE: $4,553,750 BSF: 11,679 ~ PPBSF: $389 SF: 4,249 ~ PPSF: $1,071 FAR: 2.19 TAX CLASS: 1 LOT SIZE: 1,940 LAST SALE PRICE: $1,537,500 (02/09/2012) PERMITS: Alteration 2 (03/21/2012) LOT DIMENSION: 20 ft x 94.25 ft

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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