SOLDMultiFamily
161 Columbia LLC Acquires Multi Family Property In Brooklyn For $8.6M
276 Dean St, Brooklyn, NY 11217, USA
Building Size
13,768 SF
Asset Type
MultiFamily
Closing
Nov 15, 2017
AI
The multi-family property located at 276 Dean Street in Brooklyn has been sold for a total of $8,600,000. The property spans a total of 13,768 square feet and consists of 16 units.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $8,600,000
- Address: 276 Dean Street, Brooklyn
- Market: Brooklyn
- Square Footage: 13,768 sf
- Number of Units: 16
The seller in this transaction is Bennat Berger, while the buyer is 161 Columbia LLC.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93