Updated Dec 21, 2023
Stephane Levy Acquires Multifamily Property On Carroll Street For $3.65M
281 Carroll Street, Brooklyn, New York 11231, United States
$3,650,000
$1,123/SF
Building Size
3,249 SF
Asset Type
MultiFamily
Closing
Apr 12, 2022
About this deal
AI
A multifamily property located at 281 Carroll Street in Carroll Garden, Brooklyn has been sold. The property is zoned as R6B and has a lot size of 1,957 square feet, with dimensions of 20 feet by 97.83 feet. The transaction took place on April 13, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,650,000
- Buyer: Stephane Levy
- Seller: Lisa Ann Ventriglia
- Market: Carroll Garden, Brooklyn
Stephane Levy acted as the buyer in this transaction, while Lisa Ann Ventriglia was the seller. The property has a building square footage of 3,914, with a price per square foot of $932. The total square footage of the property is 3,249, with a price per square foot of $1,123. The floor area ratio (FAR) is 1.66, and the tax class is 1.
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
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93