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
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