Aran Scott Acquires MultiFamily At 491 Court Street Carroll Gardens From Seller Christian Vitulli For $2.1M
SOLD
$2,100,000
New York
See Similar DealsMultiFamily2,633 SF
Sold 02/11/2026
SOLD
Aran Scott Acquires MultiFamily At 491 Court Street Carroll Gardens From Seller Christian Vitulli For $2.1M
491 Court Street
See Similar DealsMultiFamily2,633 SF
Sold 02/11/2026
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$797
Total Square Footage:2,633 SF
Transaction Type:Sale
This multi-family property, located at 491 Court Street in Carroll Gardens, Brooklyn, was sold for $2,100,000. The asset comprises 3 units and has a total square footage of 2,633, resulting in a price per unit of $700,000 and a price per square foot of $797.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,100,000
- Units: 3
- Square Footage: 2,633
- Price Per Unit: $700,000
- Price Per Square Foot: $797
- Buyer: Aran Scott
- Seller: Christian Vitulli
- Broker: Alon Kahan
Alon Kahan facilitated the transaction while working at IPRG, representing both the buyer and seller in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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