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326 1st Street, Park Slope,...

Updated Dec 21, 2023

Nancy Robertson Acquires Multifamily Property In Park Slope, Brooklyn For $3.05M
SOLDMultiFamily

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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Deal FAQ

About $1.1K per square foot on a published $3.1M for 2,664 square feet (2021).

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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

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