facebook
Traded Co logo
Submit

Alex Maroni Acquires Multifamily Property In Carroll Gardens, Brooklyn For $2.3M

Property Image
SOLD
$2,300,000

New York

See Similar Deals
MultiFamily2,700 SF
Sold 01/04/2024
the dealplayerscompscontact
Property Image
SOLD

Alex Maroni Acquires Multifamily Property In Carroll Gardens, Brooklyn For $2.3M

276 Smith Street

See Similar Deals
MultiFamily2,700 SF
Sold 01/04/2024
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$851
Total Square Footage:2,700 SF
Transaction Type:Sale

Located at 276 Smith Street in Carroll Gardens, Brooklyn, this multifamily property was recently sold in a closed transaction. The property consists of 3 units with a total square footage of 2,700. The sale price was $2,300,000, making the price per unit approximately $766,667 and the price per square foot approximately $852. The transaction took place on January 4, 2024.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Units: 3
  • Price Per Unit: $766,667
  • Square Footage: 2,700
  • Price Per Square Foot: $852
  • Market: Carroll Gardens, Brooklyn

The buyer of this property was Alex Maroni, and the seller was Habib Tawil. The transaction was facilitated by Robert Ferman of Newmark. It is worth noting that after the completion of this transaction, Robert Ferman moved to Newmark. For more information about the Brownstone Brooklyn market or to learn about his pipeline, you can contact Robbie Ferman at [email protected] or 212.655.0695.

A special thanks goes to Oren Goldhaber, Esq, a partner at Neil H Kupferman, Esq., P.C., for his valuable time and knowledge regarding this transaction.

Players

Robert (Robbie) Ferman
28 deals$299.6M volume(212) 655-0695
BROKER

Details

SOLD
IMAGE: Robert Ferman DATE: 01/04/2024 ADDRESS: 276 Smith Street MARKET: Carroll Gardens, Brooklyn ASSET TYPE: Multifamily BUYER: Alex Maroni SELLER: Habib Tawil BROKERS: Robert Ferman (@Robbie_Ferman_RE) - Newmark (@Newmark) SALE PRICE: $2,300,000 UNITS: 3 ~ PPU: $766,667 SF: 2,700 ~ PPSF: $852 NOTE FROM BROKER: After completing this transaction, Robbie moved firms to Newmark. For insight on the Brownstone Brooklyn market or to learn about his pipeline please contact: [email protected] or 212.655.0695. Thank you to Oren Goldhaber, Esq partner at Neil H Kupferman, Esq., P.C., for his time and knowledge on this transaction.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08