Updated Dec 21, 2023
Nancy Robertson Acquires Multifamily Property In Park Slope, Brooklyn For $3.05M
326 1st Street, Park Slope, Brooklyn, NY, USA
$3,050,000
$1,144/SF
Building Size
2,664 SF
Asset Type
MultiFamily
Closing
Jun 1, 2021
About this deal
AI
A multifamily property located at 326 1 Street in Park Slope, Brooklyn was recently sold in a closed transaction. The property is zoned as R6B and has a lot size of 1,800 square feet with dimensions of 18 feet by 100 feet. The building has a total square footage of 2,664, with a building square footage (BSF) of 3,600. The price for this transaction was $3,050,000, resulting in a price per building square footage (PPBSF) of $847 and a price per square foot (PPSF) of $1,144. The floor area ratio (FAR) for the property is 1.48, and the tax class is 1.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,050,000
- Market: Park Slope, Brooklyn
- Buyer: Nancy Robertson
- Seller: William H Goldstein
In this transaction, Nancy Robertson acquired the property from William H Goldstein. The deal was closed on June 2, 2021, marking an important milestone for both parties involved. Nancy Robertson was represented by her broker in the transaction.
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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93