Laura Birenbaum Acquires Multifamily Property In Brooklyn Heights For $5.3M
4 Hunts Lane, Brooklyn, New York 11201, United States
$5,315,000
$2,830/SF
Building Size
1,878 SF
Asset Type
MultiFamily
Closing
Sep 23, 2021
AI
A multifamily property located at 4 Hunt Lane in Brooklyn Heights has been sold for $5,315,000. The property spans 1,878 square feet and has a price per square foot of $2,830. The transaction took place on September 24, 2021. The previous sale of the property occurred on August 8, 2018, for a price of $5,350,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,315,000
- Address: 4 Hunt Lane, Brooklyn Heights
- Square Footage: 1,878
- Price Per Square Foot: $2,830
- Last Sale Price: $5,350,000 (8/8/2018)
The buyer of the property is Laura Birenbaum, while the seller is Jonathan Bauer. The transaction was facilitated by brokers Kimberly Lyn Pressman, Allie Praza, and Nick Gavin from Compass.
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
2.98%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93