Updated Sep 5, 2024
Marcus & Millichap Sells Multifamily Property In Clinton Hill, Brooklyn For $2.15M
30 Lefferts Pl Brooklyn, NY 11238, USA
$2,150,000
$617/SF
Building Size
3,480 SF
Asset Type
MultiFamily
Closing
Jun 22, 2023
About this deal
AI
A multifamily property located at 30 Lefferts Place in Clinton Hill, Brooklyn has been sold in a closed transaction. The property consists of four units with a total square footage of 3,480. The sale price for the property was $2,150,000, resulting in a price per unit of $537,500 and a price per square foot of $618.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,150,000
- Address: 30 Lefferts Place, Clinton Hill, Brooklyn
- Market: Clinton Hill, Brooklyn
- Units: 4
- Price Per Unit: $537,500
- Square Footage: 3,480
- Price Per Square Foot: $618
The sellers of the property were the Dror Family. The deal was facilitated by Shaun Riney, Andrew Bronsteen, and Jason Farese of Marcus & Millichap, acting as the brokers in the transaction.
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93