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279 Evergreen Ave #281, Bro...

Rosilio Family Acquires Multi Family Property On Evergreen Avenue In Bushwick For $1.325M
SOLDMultiFamily

Rosilio Family Acquires Multi Family Property On Evergreen Avenue In Bushwick For $1.325M

279 Evergreen Ave #281, Brooklyn, NY 11221, USA

$1,325,000

$321/SF

Building Size

4,125 SF

Asset Type

MultiFamily

Closing

Sep 25, 2018

AI

A multi-family property located at 279-281 Evergreen Avenue in Bushwick, New York has been sold in a closed transaction. The property consists of 6 units with a total area of 4,125 square feet. The sale price for the property was $1,325,000, resulting in a price per square foot of $321. The buyer, the Rosilio Family, purchased the property from the seller, Gonzalo Gaibor.

Summary of transaction details

  • Property Type: Multi family
  • Sale Price: $1,325,000
  • Square Footage: 4,125 SF
  • Price Per Square Foot: $321
  • Units: 6

The transaction was facilitated by the Darouvar Team's Kevin Darouvar, Roy Oskar, and Jacob Stavsky. They represented the buyer, seller, and facilitated the deal between the two parties.

Players

Jacob Stavsky

Stav Equities LLC

Broker

$175.2M

vol

29 deals

Broker

Brooklyn 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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93