facebook
Traded Co logo
Submit

Janice E Levine Acquires Multifamily Property On Union Street In Carroll Gardens For $6.75M

Property Image
SOLD
$6,750,000

New York

See Similar Deals
MultiFamily3,150 SF
Sold 09/14/2021
the dealplayerscompscontact
Property Image
SOLD

Janice E Levine Acquires Multifamily Property On Union Street In Carroll Gardens For $6.75M

369 Union Street, Carroll Gardens, Brooklyn, NY, USA

See Similar Deals
MultiFamily3,150 SF
Sold 09/14/2021
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$2,142
Total Square Footage:3,150 SF
Transaction Type:Sale

A multifamily property located at 369 Union Street in Carroll Gardens has been sold in a recent transaction. The property is zoned as R6B and has a floor area ratio of 1.75. It has a lot size of 1,800 square feet with dimensions of 20 feet by 90 feet.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $6,750,000
  • Building Square Footage: 3,600
  • Price per Building Square Foot: $1,875
  • Lot Square Footage: 3,150
  • Price per Lot Square Foot: $2,142
  • Tax Class: 2A

The buyer in this transaction is Janice E Levine, while Olivia Lyons is the seller. The property was last sold on October 28, 2015, for a price of $3,650,000. An alteration permit was issued for the property on June 2, 2016.

Players

JL
Janice E Levine
3 deals$32.3M volume
BUYER

Details

SOLD
IMAGE: 09/14/2021 ADDRESS: 369 UNION STREET MARKET: Carroll Gardens ASSET TYPE: Multifamily ~ ZONING: R6B BUYER: Janice E Levine SELLER: Olivia Lyons PRICE: $6,750,000 BSF: 3,600 ~ PPBSF: $1,875 SF: 3,150 ~ PPSF: $2,142 FAR: 1.75 TAX CLASS: 2A LOT SIZE: 1,800 LAST SALE PRICE: $3,650,000 (10/28/2015) PERMITS: Alteration 2 (06/02/2016) LOT DIMENSION: 20 ft x 90 ft

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$360,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,981.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,998.44
Annual Debt Service$383,981.32