Greenbrook Partners Acquires Multifamily Property In Brooklyn For $3.65M
377 13th Street, Brooklyn, NY, USA
$3,650,000
$608/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Dec 22, 2020
AI
A multifamily property located at 377 13th Street in Brooklyn was recently sold for $3,650,000. The property spans across 6,000 square feet and has a price per square foot of $608. The transaction took place on December 23, 2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,650,000
- Address: 377 13th Street, Brooklyn
- Market: Brooklyn
- Zoning: R6B
The buyer of the property was Greenbrook Partners, represented by Greg Fournier. The seller was Gladys Ortiz. The brokers involved in the deal were Matt Cosentino, Jamie Walker, and Tim Thompson from erraCRG. The property is classified under Tax Class 2B.
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
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93