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

Property Image
SOLD
$2,420,000

New York

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MultiFamily2,940 SF
Sold 02/10/2022
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Property Image
SOLD

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

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

See Similar Deals
MultiFamily2,940 SF
Sold 02/10/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$823
Total Square Footage:2,940 SF
Transaction Type:Sale

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
14 deals$30.4M volume(631) 408-8918
BROKER

Robert Napolitano
Capri Jet Realty
15 deals$36.9M volume
BROKER

Manuel Caballero
1 deal$2.4M volume
BROKER

Details

SOLD
IMAGE: Robert Napolitano, Jessie Lookfong & Manuel Caballero DATE: 02/10/2022 ADDRESS: 293 Wythe Ave. MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily SELLER: Brunilda Ortiz BROKERS: Robert Napolitano, Jessie Lookfong (@CapriJet_Jessie) & Manuel Caballero - Capri Jet Realty (@CapriJetRealty) SALE PRICE: $2,420,000 UNITS: 3 ~ PPU: $806,666 SF: 2,940 ~ PPSF: $823 NOTE FROM @CapriJetRealty: Capri Jet Realty specializes in the sale of multifamily & mixed-use properties & are known for our relentless work ethic, exceptional market knowledge, & our unmatched negotiation skills. Call us today at 347-450-3577 or visit our website at www.CapriJetRealty.com

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$129,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,597.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,472.03
Annual Debt Service$137,664.42