Updated Oct 29, 2024
Keter Holdings Acquires Multifamily Property In Park Slope, Brooklyn For $2M
342 9th Street, Park Slope, Brooklyn, NY, USA
$2,000,000
$824/SF
Building Size
2,426 SF
Asset Type
MultiFamily
Closing
Mar 10, 2021
About this deal
AI
The multifamily property located at 342 9th Street in Park Slope, Brooklyn has been sold for $2,000,000. The property has a total square footage of 2,426 and a price per square foot of $824. It is zoned as R6A and falls under the asset type of multifamily. The sale took place on March 11, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 342 9th Street
- Market: Park Slope, Brooklyn
- Zoning: R6A
The buyer of the property is Keter Holdings, represented by Samuel & Michael Silverman. The seller of the property is Mary Biondo. The transaction was facilitated by Adam Lobel & Toby Waring of Bestreich Realty Group.
On the Map
$2,000,000
$824/SF
MultiFamily
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Players
Brooklyn 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93