Updated Sep 9, 2024
TerraCRG Brokers $2.2M Multifamily Sale In Bushwick
460 Harman Street
$2,243,000
$747/SF
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Jul 19, 2022
About this deal
AI
A multifamily property located at 460 Harman St. in Bushwick, Brooklyn has been sold for a price of $2,243,000. The property spans a total of 3,000 square feet, resulting in a price per square foot of $747. The transaction took place on July 19, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,243,000
- Address: 460 Harman St., Bushwick, Brooklyn
- Market: Bushwick, Brooklyn
- Buyer's Representative: Ari Harkov - BHS
- Seller's Representatives: Matt Cosentino & Isaiah Thomas - TerraCRG
The buyer's representative in this deal was Ari Harkov from BHS, while the seller was Andrew Eckstein. The seller's representatives were Matt Cosentino and Isaiah Thomas from TerraCRG.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew (Matt) Cosentino to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.07%
Cash-on-Cash
-2.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93