Updated Oct 29, 2024
Berto Antunano Acquires Multifamily Property In Stuyvesant Heights For $1.15M
426 Hart St, Brooklyn, NY 11221, USA
$1,149,500
$517/SF
Building Size
2,220 SF
Asset Type
MultiFamily
Closing
Mar 10, 2020
About this deal
AI
This multifamily property located at 426 Hart Street in Stuyvesant Heights was recently sold for a total of $1,149,500. The property consists of 2,220 square feet, resulting in a price per square foot of $673. It includes a total of 2 units, with each unit valued at $574,750.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,149,500
- Address: 426 Hart Street
- Market: Stuyvesant Heights
- SF: 2,220
- PPSF: $673
- Units: 2
- PPU: $574,750
In this transaction, Mathieu Levi acted as the seller. The buyer of the property was Berto Antunano, represented by MiTNational and NewmarkKF. The brokers involved in the deal were Alex Carini from Carini Group and Jacob Henderson from The Henderson Team.
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
13.80%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93