Janice E Levine Acquires Multifamily Property On Union Street In Carroll Gardens For $6.75M
369 Union Street, Carroll Gardens, Brooklyn, NY, USA
$6,750,000
$2,142/SF
Building Size
3,150 SF
Asset Type
MultiFamily
Closing
Sep 13, 2021
AI
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
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
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93