Updated Dec 21, 2023
Daniel Benamy Acquires Multifamily Property In Prospect Heights, Brooklyn For $3.2M
283 Park Place, Brooklyn, New York 11238, United States
$3,249,500
$1,001/SF
Building Size
3,244 SF
Asset Type
MultiFamily
Closing
Mar 23, 2022
About this deal
AI
A multifamily property located at 283 Park Place in Prospect Heights, Brooklyn has been sold in a transaction that closed on March 24, 2022. The property, which has a total square footage of 3,244, was sold for a price of $3,249,500 at a rate of $1,001 per square foot. The property is situated on a lot with dimensions of 17 feet by 131 feet, totaling 2,227 square feet. The zoning for this property is R6B.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,249,500
- Address: 283 Park Place, Prospect Heights, Brooklyn
- Market: Prospect Heights, Brooklyn
- Square Footage: 3,244
- Price per Square Foot: $1,001
- Lot Size: 2,227 square feet
- Lot Dimension: 17 feet by 131 feet
The buyer of the property is Daniel Benamy, while the seller is William R Lemonzs Jr. Additional details about the deal's key individuals and companies are not available.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93