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293 Wythe Avenue, Brooklyn,...

Brunilda Ortiz Sells Multifamily Property At 293 Wythe Ave Williamsburg Brooklyn For $2.42M
SOLDMultiFamily

Brunilda Ortiz Sells Multifamily Property At 293 Wythe Ave Williamsburg Brooklyn For $2.42M

293 Wythe Avenue, Brooklyn, New York 11249, United States

$2,420,000

$823/SF

Building Size

2,940 SF

Asset Type

MultiFamily

Closing

Feb 9, 2022

AI

The multifamily property located at 293 Wythe Ave. in Williamsburg, Brooklyn sold for $2,420,000. The asset comprises 3 units and offers a total square footage of 2,940, resulting in a price per unit of $806,666 and a price per square foot of $823.

Summary of transaction details:

Capri Jet Realty is recognized for its specialization in the sale of multifamily and mixed-use properties, backed by a strong work ethic, excellent market knowledge, and notable negotiation skills as noted by the agency.

Players

Jessie Lookfong

Capri Jet Realty

Broker

$30.4M

vol

14 deals

Broker

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

6.55%

Cash-on-Cash

-1.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93