Alex Maroni And Bren Salamon Acquire Multifamily Property In Park Slope Brooklyn For $2.85M
352 6th Avenue, Park Slope, Brooklyn, NY, USA
$2,850,000
$619/SF
Building Size
4,602 SF
Asset Type
MultiFamily
Closing
Mar 3, 2019
AI
A multifamily property located at 352 6th Avenue in Park Slope, Brooklyn recently sold for $2,850,000. The property spans 4,602 square feet and has a price per square foot of $619. It consists of four units, with each unit priced at $712,500. The transaction took place on 03/04/2019.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,850,000
- Address: 352 6th Avenue, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
The seller of the property was Yves Jean-Baptiste, while the buyers were Alex Maroni and Bren Salamon. The deal was facilitated by brokers Derek Bestreich, Adam Lobel, Gabriel Kates, Toby Waring, and Luke Sproviero from BRG Real Estate Group.
Players
New York 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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93