Updated Dec 4, 2024
Barcel Group And Brown Harris Stevens Sell Greenpoint Multifamily For $5.45M
320 Eckford Street
$5,450,000
$1,117/SF
Building Size
4,875 SF
Asset Type
MultiFamily
Closing
Oct 18, 2023
About this deal
AI
The property at 320 Eckford Street, located in the Greenpoint neighborhood of Brooklyn, has been sold for a total price of $5,450,000. This multifamily asset consists of six units, resulting in a price per unit of $908,333. The total square footage of the property is 4,875, with a price per square foot of $1,118.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,450,000
- Units: 6
- Price Per Unit: $908,333
- Square Footage: 4,875
- Price Per Square Foot: $1,118
Marcel Fridman from Barcel Group and Ari Harkov from Brown Harris Stevens were the brokers involved in this transaction. Their expertise and knowledge of the market played a crucial role in the successful sale of the property.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Marcel Fridman to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93