Updated Dec 20, 2023
Anne Eisenhower Thomas Acquires Multifamily Property In Carroll Gardens, Brooklyn For $4.14M
351 Sackett Street, Brooklyn, New York 11231, United States
$4,140,000
$1,642/SF
Building Size
2,520 SF
Asset Type
MultiFamily
Closing
Mar 10, 2022
About this deal
AI
Anne Eisenhower Thomas has purchased a multifamily property located at 351 Sackett Street in Carroll Gardens, Brooklyn. The property, with an address of 351 Sackett Street, is zoned as R6B and spans a lot size of 1,200 square feet. The building has a gross square footage (BSF) of 2,400 and a saleable square footage (SF) of 2,520. The transaction took place on March 11, 2022, with a sale price of $4,140,000. The price per BSF is $1,725, and the price per SF is $1,642.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,140,000
- Market: Carroll Gardens, Brooklyn
- Zoning: R6B
- Seller: Tyson J Lamoreaux
- Lot Size: 1,200
- Last Sale Price: $3,150,000 (12/19/2018)
- Permits: Alteration 2 (09/10/2010)
- Lot Dimension: 20 ft x 60 ft
Anne Eisenhower Thomas, the buyer, acquired the property from seller Tyson J Lamoreaux. The property has a floor area ratio (FAR) of 2.10 and falls under tax class 1. Its previous sale occurred on December 19, 2018, for a price of $3,150,000. Additionally, an alteration permit was issued on September 10, 2010, for the property.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.83%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93