Phil Caccitore Acquires MultiFamily Property From Klosed Properties In Brooklyn For $3.736M
337 18th Street
$3,736,000
$918/SF
Building Size
4,068 SF
Asset Type
MultiFamily
Closing
Nov 27, 2017
AI
The property asset involved in this transaction is a MultiFamily asset located at 337 18th Street, Brooklyn. It was sold for a total amount of $3,736,000.00 and encompasses a total square footage of 4,068.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,736,000.00
- Address: 337 18th Street
- Market: Brooklyn
- Square Footage: 4,068.0
- Buyer: Phil Caccitore
- Seller: Klosed Properties
- Broker Representatives: Shawn Sadaghtai, Shulem Paneth (GFI Realty Services)
This transaction highlights the collaborative efforts of the brokers involved, specifically Shawn Sadaghtai and Shulem Paneth, who represented the buyer and seller respectively in this deal. Their roles contributed to the facilitation of the transaction between Phil Caccitore and Klosed Properties.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.25%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93