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462 14th Street, Park Slope...

Updated Dec 21, 2023

Thomas William Buckley Acquires Multifamily Property In Park Slope, Brooklyn For $3.3M
SOLDMultiFamily

Thomas William Buckley Acquires Multifamily Property In Park Slope, Brooklyn For $3.3M

462 14th Street, Park Slope, Brooklyn, NY, USA

$3,300,000

$1,415/SF

Building Size

2,331 SF

Asset Type

MultiFamily

Closing

May 31, 2021

About this deal

AI

The multifamily property located at 462 14 Street in Park Slope, Brooklyn was recently sold in a closed transaction. The property has a total square footage of 2,331 and is zoned as R6B. The sale took place on June 1, 2021, and the transaction price was $3,300,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,300,000
  • Market: Park Slope, Brooklyn
  • Building Square Footage: 2,331
  • Price per Square Foot: $1,415
  • Land Lot Size: 1,850
  • Lot Dimensions: 18.5 ft x 100 ft

The buyer in this transaction is Thomas William Buckley, while the seller is Vito Donno.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $3.3M for 2,331 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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