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
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