Updated Dec 4, 2024
Moses Zupnick Acquires Multifamily Property In Williamsburg, Brooklyn For $3.55M
37 Rodney Street, Brooklyn, New York 11249, United States
$3,550,000
$567/SF
Building Size
6,254 SF
Asset Type
MultiFamily
Closing
Oct 2, 2022
About this deal
AI
The multifamily property located at 37 Rodney Street in Williamsburg, Brooklyn has been sold for a total price of $3,550,000. The property spans a total of 6,254 square feet and has a building square footage (BSF) of 12,879. The price per square foot (PPSF) for this transaction is $567, while the price per BSF (PPBSF) stands at $275. The property is zoned as R6, allowing for multifamily use.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,550,000
- Market: Williamsburg, Brooklyn
- Address: 37 Rodney Street
- Zoning: R6
Moses Zupnick has purchased the property from Dina Klein. The property's floor area ratio (FAR) is 1.18, and it falls under tax class 1. The lot measures 5,300 square feet, with dimensions of 84 ft x 117.42 ft.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93