Jacob Ahiyon Acquires Multifamily Property In Bushwick, Brooklyn For $1.6M
379 Himrod St Brooklyn, NY 11237, USA
$1,600,000
$372/SF
Building Size
4,300 SF
Asset Type
MultiFamily
Closing
Sep 7, 2023
AI
A multifamily property located at 379 Himrod Street in Bushwick, Brooklyn has been sold for a price of $1,600,000. The property consists of three units with an average price per unit of $533,333. The total square footage of the property is 4,300, resulting in a price per square foot of $372.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 3
- Price per Unit: $533,333
- Square Footage: 4,300
- Price per Square Foot: $372
The buyer of the property is Jacob Ahiyon, while the seller is Maverick Real Estate Partners. The deal was facilitated by brokers Daniel O'Brien, Caroline Hodes, Ian Brooks, and Michael Kolbus from Cushman & Wakefield.
Players
Market 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93