Phillip H Ingle And Laura Ingle Acquire Multifamily Property In Brooklyn Heights For $7.025M
SOLD
$7,025,000
New York
See Similar DealsMultiFamily3,226 SF
Sold 08/23/2021
SOLD
Phillip H Ingle And Laura Ingle Acquire Multifamily Property In Brooklyn Heights For $7.025M
41 Garden Place, Brooklyn Heights, Brooklyn, NY, USA
See Similar DealsMultiFamily3,226 SF
Sold 08/23/2021
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$2,177
Total Square Footage:3,226 SF
Transaction Type:Sale
The multifamily property located at 41 Garden Place in Brooklyn Heights has been sold for a total price of $7,025,000. The property consists of 5,407 square feet and has a price per square foot of $1,299. The total area of the property is 3,226 square feet, with a price per square foot of $2,177.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,025,000
- Market: Brooklyn Heights
- Zoning: R6
The buyers of the property are Phillip H Ingle and Laura Ingle, while the sellers are Howard M Haimes and Amy Haimes. The deal was facilitated by Bradley Rodenberg, Lindsay Barton Barrett, and Cristina Criado from Douglas Elliman.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$374,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,958.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,302.08
Annual Debt Service$399,625.01
Is there something missing? Send suggestions