Updated Dec 19, 2023
SOLDMultiFamily
368 79th Street LLC Acquires Multifamily Property In Brooklyn For $5.55M
368 79th St #370, Brooklyn, NY 11209, USA
Building Size
21,600 SF
Asset Type
MultiFamily
Closing
Oct 25, 2017
About this deal
AI
Located at 368-370 79th Street in Brooklyn, New York, this multifamily property transaction closed on October 26, 2017. The property spans 21,600 square feet and was sold for a total price of $5,550,000, resulting in a price per square foot of $256.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,550,000
- Square Footage: 21,600
- Price per Square Foot: $256
- Address: 368-370 79th Street, New York, Brooklyn
The seller of the property was Lucille Boxhoorn, while the buyer was 368 79th Street LLC.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93