facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

29 Brooklyn Avenue

Alpha Realty Represents Sale Of 20-Unit Multifamily In New York City For $4.6M
SOLDMultiFamily

Alpha Realty Represents Sale Of 20-Unit Multifamily In New York City For $4.6M

29 Brooklyn Avenue

$4,600,000

$297/SF

Building Size

15,440 SF

Asset Type

MultiFamily

Closing

Nov 22, 2022

AI

A multifamily property located at 29 Brooklyn Avenue in New York City has been sold in a closed transaction. The property consists of 20 units with a price per unit (PPU) of $230,000. The total square footage (SF) of the property is 15,440, with a price per square foot (PPSF) of $298. The transaction closed at a sale price of $4,600,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,600,000
  • Address: 29 Brooklyn Avenue, New York City
  • Market: New York City

The sale of the property was facilitated by Lev Mavashev and Daniel Aminov, representing Alpha Realty. They acted as brokers in the transaction, ensuring a successful closing for both the buyer and seller.

Players

Lev Mavashev

Alpha Realty

Broker

$742M

vol

106 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93