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:
- Property Type: Multifamily
- Transaction Amount: $2,420,000
- Units: 3
- Square Footage: 2,940
- Price Per Unit: $806,666
- Price Per Square Foot: $823
- Seller: Brunilda Ortiz
- Brokers: Robert Napolitano, Jessie Lookfong & Manuel Caballero - Capri Jet Realty
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
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