facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

352 6th Avenue, Park Slope,...

Alex Maroni And Bren Salamon Acquire Multifamily Property In Park Slope Brooklyn For $2.85M
SOLDMultiFamily

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

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$602.2M

vol

141 deals

Broker
Gabriel Kates
Verified Badge

Gabriel Kates

Block Real Estate Group

Broker

$158.4M

vol

59 deals

Broker

Bren Salamon

Buyer

$5.6M

vol

2 deals

Buyer

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

5.57%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93