Mark Goodman Purchases Multifamily Building From FBE Limited And 2818 Foster LLC For $4.775M
2818 Foster Ave
$4,775,000
$276/SF
Building Size
17,280 SF
Asset Type
MultiFamily
Closing
Oct 27, 2017
AI
The property asset involved in the transaction is a MultiFamily type located at 2818 Foster Ave in Brooklyn. The transaction was completed for a total price of $4,775,000.00 and encompasses a total square footage of 17,280.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,775,000.00
- Address: 2818 Foster Ave
- Market: Brooklyn
- Square Footage: 17,280.0
- Buyer: Mark Goodman
- Seller: FBE Limited and 2818 Foster LLC c/o FBE Limited
- Brokers: Barak Jacobov, Yisroel Pershin
The deal's key individuals include the buyer Mark Goodman and the sellers FBE Limited and 2818 Foster LLC, both represented by FBE Limited. The transaction involved the brokers Barak Jacobov and Yisroel Pershin, facilitating 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
3.32%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93