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Bushwack Capital Purchases Multifamily Property At 357 Degraw Street Brooklyn For $3M
SOLD
$3,000,000
New York
See Similar DealsMultiFamily2,720 SF
Sold
SOLD
Bushwack Capital Purchases Multifamily Property At 357 Degraw Street Brooklyn For $3M
357 Degraw Street
See Similar DealsMultiFamily2,720 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1102
Total Square Footage:2720 SF
Transaction Type:Sale
A three-unit multifamily property located at 357 Degraw Street in Carroll Gardens, Brooklyn has been sold. The sale was completed for a price of $3,000,000, which results in a price per unit of $1,000,000. The property has a total square footage of 2,720, equating to a price per square foot of $1,103.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Buyer: Bushwack Capital
- Units: 3
- Square Footage: 2,720
- Price Per Unit: $1,000,000
- Price Per Square Foot: $1,103
- Market: Carroll Gardens, Brooklyn
- Sale Date: 02/27/2026
Bushwack Capital, through Samasen LLC, executed the purchase of the property as part of an estate sale with intentions to hold it as a cash-flowing asset.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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