facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

347 Chauncey Street, Brookl...

Jimmie Campbell Sells Multifamily Property In Bedford-Stuyvesant For $905,000
SOLDMultiFamily

Jimmie Campbell Sells Multifamily Property In Bedford-Stuyvesant For $905,000

347 Chauncey Street, Brooklyn, NY, USA

$905,000

$201/SF

Building Size

4,500 SF

Asset Type

MultiFamily

Closing

Nov 10, 2021

AI

A multifamily property located at 347 Chauncey Street in Bedford-Stuyvesant has been sold for a total price of $905,000. The property consists of 6 units with a total square footage of 4,500. The price per unit is approximately $150,833, and the price per square foot is approximately $201. The sale was completed on November 10, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $905,000
  • Market: Bedford-Stuyvesant
  • Address: 347 Chauncey Street

The seller of the property is Jimmie Campbell. The listing broker for this transaction is Joshua Brown from Pushing Forward Realty, and the buyer's agent is Rayshaun Addison from Voro New York. Joshua Brown can be contacted at [email protected] or 516-778-8360, while Rayshaun Addison can be reached at [email protected].

This legal 6 family property was sold with 1 vacancy and the transaction was a cash deal. Additional information can be found through the social media accounts of the involved parties: @joshondemand, @pushingforwardnyc, and @ray_addison.

Players

Joshua Brown

Pushing Forward Development

Broker

$15.2M

vol

14 deals

Broker
Voro Real Estate
Voro Real EstateBrokerage

New York 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

17.53%

Cash-on-Cash

-5.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93