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360 Jefferson Avenue, Brook...

Ana Burly Acquires Multifamily Property In Bedford–Stuyvesant For $1.86M
SOLDMultiFamily

Ana Burly Acquires Multifamily Property In Bedford–Stuyvesant For $1.86M

360 Jefferson Avenue, Brooklyn, New York 11221, United States

$1,860,000

$516/SF

Building Size

3,600 SF

Asset Type

MultiFamily

Closing

Dec 21, 2021

AI

Located in Bedford-Stuyvesant, the property at 360 Jefferson Avenue has recently been sold in a multifamily transaction. The sale took place on 12/21/2021, and the asset consists of four units with a total square footage of 3,600. The sale price for this property was $1,860,000, which equates to a price per unit of $465,000 and a price per square foot of $516. The buyer, Ana Burly, acquired the property from the DaCruz family. The transaction was facilitated by the broker Nadine Morency-Mohs from Jaymore Realty LLC.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,860,000
  • Units: 4
  • Price per Unit: $465,000
  • Square Footage: 3,600
  • Price per Square Foot: $516
  • Market: Bedford-Stuyvesant

The sale of 360 Jefferson Avenue was completed with Ana Burly as the buyer and the DaCruz family as the seller. Nadine Morency-Mohs from Jaymore Realty LLC served as the broker in this transaction. This transaction showcases the demand for multifamily properties in the Bedford-Stuyvesant market and highlights the expertise of the involved parties in closing successful deals.

Players

Nadine Morency-Mohs

Broker

$11.3M

vol

8 deals

Broker

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

8.53%

Cash-on-Cash

-2.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93