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
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