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

/

295 13th Street, Brooklyn, ...

Updated Dec 21, 2023

Elsa Russom Acquires Multifamily Property In South Slope, Brooklyn For $3.8M
SOLDMultiFamily

Elsa Russom Acquires Multifamily Property In South Slope, Brooklyn For $3.8M

295 13th Street, Brooklyn, New York 11215, United States

$3,841,500

$1,105/SF

Building Size

3,474 SF

Asset Type

MultiFamily

Closing

Mar 17, 2022

About this deal

AI

Located at 295 13 Street in the South Slope, Brooklyn market, this recently closed transaction involved a multifamily property. The property, with a zoning designation of R6B, was sold on 03/18/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,841,500
  • Address: 295 13 Street
  • Market: South Slope, Brooklyn
  • Zoning: R6B

The buyer in this transaction was Elsa Russom, while the seller was Lydia Robertson.

The property had a building square footage (BSF) of 2,566, resulting in a price per BSF (PPBSF) of $1,497. The total square footage (SF) of the property was 3,474, leading to a price per square foot (PPSF) of $1,105. The floor area ratio (FAR) of the property was 1.39.

Additional details regarding the property include a lot size of 2,500 and lot dimensions of 25 ft x 100 ft.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $1.1K per square foot on a published $3.8M for 3,474 square feet (2022).

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.13%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets