Updated Sep 9, 2024
Ruben Damaghi Acquires Multifamily In Boerum Hill, Brooklyn For $3.05M
41 Wyckoff St, Brooklyn, NY 11201, USA
$3,050,000
$828/SF
Building Size
3,680 SF
Asset Type
MultiFamily
Closing
Oct 20, 2019
About this deal
AI
The multifamily property located at 41 Wyckoff Street in Boerum Hill, Brooklyn has been sold in a closed transaction. The property consists of 4 units with a total square footage of 3,680. The sale price for the property was $3,050,000, resulting in a price per square foot of $828. The buyer, Ruben Damaghi, acquired the property from the seller, Ehud Eilam.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,050,000
- Address: 41 Wyckoff Street
- Market: Boerum Hill, Brooklyn
The sale of the property was facilitated by Bestreich Realty Group, represented by Derek Bestreich and Luke. They acted as brokers in the transaction. The property was listed on their official website (@brg_cre).
The successful sale of this multifamily property at 41 Wyckoff Street signifies a confident market in Boerum Hill, Brooklyn. The involvement of Bestreich Realty Group and their experienced brokers highlights their expertise in the local real estate market.
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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93