Moshe Khoshkheraman Acquires Multifamily Property In Brooklyn Heights For $5.1M
308 Hicks Street, Brooklyn, New York 11201, United States
$5,100,000
$706/SF
Building Size
7,220 SF
Asset Type
MultiFamily
Closing
Jul 12, 2022
AI
The multifamily property located at 308 Hicks Street in Brooklyn Heights was recently sold. The transaction took place on July 13, 2022.
Summary of Transaction Details:
- Property Type: Multifamily
- Sale Price: $5,100,000
- Number of Units: 9
- Price per Unit: $566,666
- Total Square Footage: 7,220
- Price per Square Foot: $706
- Market: Brooklyn Heights
The buyer of the property is Moshe Khoshkheraman, while the seller is Richard Talmadge.
Note: No additional information about the buyer, seller, or the transaction was provided.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93