Updated Dec 21, 2023
The Capetanakis Family Acquires Park Slope Multifamily For $3.55M
440 15th Street, Brooklyn, NY, USA
$3,550,000
$390/SF
Building Size
9,097 SF
Asset Type
MultiFamily
Closing
Oct 28, 2021
About this deal
AI
The multifamily property located at 440 15th Street in Park Slope, Brooklyn was recently sold for a total price of $3,550,000. The property, which spans across 9,097 square feet, consists of 9 units. With a price per square foot of $390, the average price per unit comes out to be $394,444. The transaction took place on October 28, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,550,000
- Address: 440 15th Street
- Market: Park Slope, Brooklyn
- Zoning: R6B
The Capetanakis Family purchased the property from The Goldstein Family. The sale was facilitated by brokers Shaun Riney, Mark Zarrella, and Aaron Lunzer from Marcus & Millichap.
On the Map
$3,550,000
$390/SF
MultiFamily
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Brooklyn 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
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93