Updated Jan 7, 2025
Multifamily Property At 5 Monroe Place Sold For $8 Million With Seller's Rep Lisa Sulfaro
5 Monroe Place
$8,000,000
$1,393/SF
Building Size
5,740 SF
Asset Type
MultiFamily
Closing
Jan 3, 2025
About this deal
AI
A multifamily property located at 5 Monroe Place in Brooklyn has been sold for $8,000,000. The asset consists of 4 units with a price per unit of $2,000,000. The total square footage of the property is 5,740, resulting in a price per square foot of $1,393.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,000,000
- Number of Units: 4
- Price Per Unit: $2,000,000
- Total Square Footage: 5,740
- Price Per Square Foot: $1,393
- Seller's Representative: Lisa Sulfaro - The Corcoran Group
The transaction involved Lisa Sulfaro from The Corcoran Group representing the seller in this deal. The transaction date is recorded as January 3, 2025.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Lisa Sulfaro to view all their deals.
Browse Brooklyn multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93