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3364 Guider Avenue, Brookly...

Updated Dec 20, 2024

Apartment Building In Brighton Beach, Brooklyn For $13.8M
SOLDMultiFamily

Apartment Building In Brighton Beach, Brooklyn For $13.8M

3364 Guider Avenue, Brooklyn, New York 11235, United States

$13,800,000

$339/SF

Building Size

40,675 SF

Asset Type

MultiFamily

Closing

Mar 30, 2022

About this deal

AI

The property asset involved in this transaction is an apartment located at 3364 Guider Avenue in Brighton Beach, Brooklyn. The total price of the property is $13,800,000. It encompasses a total square footage of 40,675 square feet, with a building size of 22,162 square feet, resulting in a price per square foot of $339. The asset operates under R6, OP zoning and has a floor area ratio (FAR) of 4.46. The assessed tax class is 2, and the lot size measures 9,120 square feet with dimensions of 37.91 feet by 101.75 feet. There are existing permits for alteration, issued on 08/24/2011.

Summary of transaction details:

  • Property Type: Apartment
  • Transaction Amount: $13,800,000
  • Building Size: 22,162
  • Price per Building Square Foot: $622
  • Total Square Footage: 40,675
  • Price per Square Foot: $339
  • Floor Area Ratio (FAR): 4.46
  • Tax Class: 2
  • Lot Size: 9,120
  • Lot Dimensions: 37.91 ft x 101.75 ft
  • Seller: Sheikh Ullah

Sheikh Ullah is noted as the seller in this transaction, representing the ownership of the property. Specific details regarding the broker or representation in this deal are not provided in the context.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $339 per square foot on a published $13.8M for 40,675 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.15%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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