Updated Sep 9, 2024
Daniel And Naoko Hegwood Acquire Park Slope Multifamily For $2.5M
380 8th Street, Park Slope, Brooklyn, NY, USA
$2,500,000
$992/SF
Building Size
2,520 SF
Asset Type
MultiFamily
Closing
Dec 19, 2018
About this deal
AI
The multifamily property located at 380 8th Street in Park Slope, Brooklyn has been sold. The sale was facilitated by Devin Someck, the buyer's agent, and Domingo Perez, the seller's agent. The transaction took place on December 20, 2018. The property spans a total of 2,520 square feet, with a price per square foot of $992.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 380 8th Street, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
- Seller: Domingo Perez, Jr. as Administrator of the Estate of Dolores Perez
- Buyer: Daniel Hegwood and Naoko Hegwood
- Brokers: Devin Someck (buyer's agent) and Domingo Perez (seller's agent)
- Asking Price: $2,600,000
The property was sold for $2,500,000 to buyers Daniel Hegwood and Naoko Hegwood. Devin Someck acted as the buyer's agent, while Domingo Perez represented the seller. The property is located in the desirable neighborhood of Park Slope, Brooklyn.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93