Updated Dec 21, 2023
Kevin Gold Acquires Multifamily Property On Sackett Street In Gowanus For $2.25M
446 Sackett St, Brooklyn, NY 11231, USA
$2,250,000
$133/SF
Building Size
16,800 SF
Asset Type
MultiFamily
Closing
Sep 1, 2020
About this deal
AI
The multifamily property located at 446 Sackett Street in Gowanus has been sold. The property is zoned as R6B and has a total building size of 3,334 square feet with a price per square foot of $674. The property consists of 1,680 square feet and has a price per square foot of $1,339. It is classified as Tax Class 1 and sits on a lot size of 1,667 square feet. The previous sale price for this property was $720,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Buyer: Kevin Gold
- Seller: Stephen R. Salett
- Broker: Christina Prostano - Corcoran
Kevin Gold has purchased the property at 446 Sackett Street in Gowanus. The seller, Stephen R. Salett, facilitated the transaction through broker Christina Prostano from Corcoran.
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93