Jonathan Wiener Acquires 319 Hooper Street In Williamsburg, Brooklyn For $7.8M
319 Hooper Street, Brooklyn, New York 11211, United States
$7,758,883
$333/SF
Building Size
23,292 SF
Asset Type
MultiFamily
Closing
Dec 7, 2021
AI
The multi-family property located at 319 Hooper Street in Williamsburg, Brooklyn was recently sold for a price of $7,758,883. This property, with a lot size of 4,700 square feet and a zoning classification of R6, features a building square footage (BSF) of 11,421, equating to a price per BSF of $679. The total square footage (SF) of the property is 23,292, with a price per SF of $333. The lot dimensions measure 93.5 ft x 50 ft. The previous recorded sale of this property took place on December 27, 2013, with a sale price of $0.
Summary of transation details
- Property Type: Multi Family
- Transaction Amount: $7,758,883
- Market: Williamsburg, Brooklyn
- Zoning: R6
In this transaction, the buyer of the property was Jonathan Wiener, while the seller was Morris Joseph Knoll. The property's floor area ratio (FAR) is 4.96, and it falls under tax class 2.
NOTE: No additional information was provided about any brokers or representatives involved in this deal.
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
2.04%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93