Yoel Zeltzer Purchases 320 Ditmas Avenue Brooklyn Multifamily Property From Nili Cohen For $1.45M
SOLD
New York
See Similar DealsMultiFamily5,200 SF
Sold 03/05/2025
SOLD
Yoel Zeltzer Purchases 320 Ditmas Avenue Brooklyn Multifamily Property From Nili Cohen For $1.45M
320 Ditmas Avenue
See Similar DealsMultiFamily5,200 SF
Sold 03/05/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$278
Total Square Footage:5,200 SF
Transaction Type:Sale
The property asset involved in the transaction is a MultiFamily building located at 320 Ditmas Avenue in Brooklyn. The sale was completed for a price of $1,450,000.00. This asset comprises 6 units and has a total square footage of 5,200.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,450,000.00
- Address: 320 Ditmas Avenue
- Market: Brooklyn
- Units: 6
- Square Footage: 5,200.0
- Buyer: Yoel Zeltzer
- Seller: Nili Cohen
This transaction was facilitated by the representatives involved in the deal. Yoel Zeltzer acted as the buyer, while Nili Cohen was the seller of the property. Each played a key role in bringing the transaction to completion.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,151.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,873.74
Annual Debt Service$82,484.88
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