Updated Oct 29, 2024
Keter Holdings Acquires 4-Unit Multifamily Property In Park Slope, Brooklyn For $2.65M
459 9th Street
$2,650,000
$736/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
Dec 2, 2022
About this deal
AI
A multifamily property located at 459 9th Street in Park Slope, Brooklyn has recently been sold. The property consists of 4 units, with a total square footage of 3,600. The sale price for this transaction was $2,650,000, resulting in a price per unit of $662,500 and a price per square foot of $736. The transaction took place on 12/02/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,650,000
- Units: 4
- Price per Unit: $662,500
- Square Footage: 3,600
- Price per Square Foot: $736
The buyer of the property is Keter Holdings, with Samuel Silverman and Michael Silverman representing the company in the deal. The seller is Justin Graham. Brown Harris Stevens acted as the broker in this transaction, with Karen Wolfe and Steven Segretta representing the firm.
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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93