facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

40 Berkeley Place Brooklyn,...

Updated Nov 15, 2023

Real Estate Investor Eli Gottesdiener Acquires Four-Family Property In Park Slope For $3.9M
SOLDMultiFamily

Real Estate Investor Eli Gottesdiener Acquires Four-Family Property In Park Slope For $3.9M

40 Berkeley Place Brooklyn, New York 11217, USA

$3,900,000

Building Size

Asset Type

MultiFamily

Closing

Jun 20, 2023

About this deal

AI

A four-family property in Park Slope has been purchased by real estate investor Eli Gottesdiener for $3.9 million. The 4,900 square foot building is located on 9th Street between 5th and 6th Avenues. It consists of four two-bedroom apartments, making it an attractive investment opportunity in the popular neighborhood of Park Slope, Brooklyn. The previous owner, a Brooklyn-based real estate investor, had bought the property in 2017 for $3.25 million. Park Slope's desirable location and easy access to transportation options continue to make it a sought-after destination for real estate investors.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $3,900,000
  • Address: 40 Berkeley Place
  • Market: Park Slope & Brooklyn

Eli Gottesdiener, a real estate investor, represented himself in the deal to purchase the four-family property. The transaction highlights the continuing interest in Park Slope as an attractive investment opportunity for both local and out-of-town investors.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

Browse New York multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets