Palladium Property Group Acquires Multifamily Property In Flatbush For $1 Million
SOLD
New York
See Similar DealsMultiFamily31,980 SF
Sold 03/22/2018
SOLD
Palladium Property Group Acquires Multifamily Property In Flatbush For $1 Million
223 Martense St, Brooklyn, NY 11226, USA
See Similar DealsMultiFamily31,980 SF
Sold 03/22/2018
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:31,980 SF
Transaction Type:Sale
A multifamily property located at 275 Martense Street in Flatbush has been sold for $1,000,000. The property spans 8,976 square feet, resulting in a price per square foot of $111. It consists of 8 units, with a price per unit of $125,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 275 Martense Street, Flatbush
- Market: Flatbush
- Size: 8,976 square feet
- Price per Square Foot: $111
- Units: 8
- Price per Unit: $125,000
The sellers of the property are John & Mathilda Brathwaite. The buyers are Palladium Property Group, represented by Nuchem Obstfeld. The deal was facilitated by Erik Rodriguez from Rodriguez Commercial Realty (RCR).
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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