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369 Union Street, Carroll G...

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

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

Janice E Levine

Buyer

$32.3M

vol

3 deals

Buyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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