Alex Rabin & David Gomez Acquire Multifamily Property In Park Slope For $3.1M
444 15th Street
$3,100,000
$364/SF
Building Size
8,500 SF
Asset Type
MultiFamily
Closing
Dec 29, 2023
AI
A multifamily property located at 444 15th Street in Park Slope, Brooklyn has been sold in a closed transaction. The property consists of 8 units with a total area of 8,600 square feet. The sale price for the property was $3,100,000, resulting in an average price per unit of $387,500 and a price per square foot of $360.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Units: 8
- Price per Unit: $387,500
- Square Footage: 8,600
- Price per Square Foot: $360
- Address: 444 15th Street, Park Slope, Brooklyn
The buyer of the property was Alex Rabin and David Gomez from Peak Capital, while the seller was Marcel Fridman.
Players
Market 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93