Updated Oct 29, 2024
Jason Schreiber Acquires Bed-Stuy MultiFamily For $3M With Brokers Shaun Riney & Daniel Greenblatt
308 Kosciuszko Street
$3,017,500
$457/SF
Building Size
6,600 SF
Asset Type
MultiFamily
Closing
Jan 31, 2023
About this deal
AI
A multifamily property located at 308 Kosciuszko Street in Bed-Stuy, Brooklyn has been sold. The property spans 6,600 square feet and was sold for a total price of $3,017,500, resulting in a price per square foot of $457.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,017,500
- Address: 308 Kosciuszko Street
- Market: Bed-Stuy, Brooklyn
The buyer of the property is Jason Schreiber, while the seller is Delshah Capital. The deal was facilitated by Shaun Riney, Daniel Greenblatt, Jim Evans, and Victoria Fisher from Marcus & Millichap acting as the brokers representing both parties.
Players
Market 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
5.26%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93