Jerry Resnick Acquires Multifamily Property In Brooklyn For $1.66M
395 Kosciuszko St, Brooklyn, NY 11221, USA
$1,662,500
$46/SF
Building Size
36,000 SF
Asset Type
MultiFamily
Closing
Jun 6, 2019
AI
A multifamily property located at 395 Kosciuszko St in Brooklyn, Bedford-Stuyvesant, has been sold for $1,662,500. The property spans 3,600 square feet, resulting in a price per square foot of $461.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,662,500
- Address: 395 Kosciuszko St
- Market: Brooklyn, Bedford-Stuyvesant
- Square Footage: 3,600
- Price Per Square Foot: $461
The seller of the property was Joseph Esrail, and the buyer was Jerry Resnick. The buyer was represented by Shay Zach, while the seller was represented by Nathan Hourizadeh.
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
9.54%
Cash-on-Cash
-2.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93