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52 Garfield Place, Park Slo...

Updated Dec 21, 2023

Patricia Kantor Acquires Multifamily Property On Garfield Place In Park Slope, Brooklyn For $4.99M
SOLDMultiFamily

Patricia Kantor Acquires Multifamily Property On Garfield Place In Park Slope, Brooklyn For $4.99M

52 Garfield Place, Park Slope, Brooklyn, NY, USA

$4,995,000

$2,081/SF

Building Size

2,400 SF

Asset Type

MultiFamily

Closing

Apr 29, 2021

About this deal

AI

The multifamily property located at 52 Garfield Place in Park Slope, Brooklyn has been sold in a closed transaction. The property is zoned as R6B and has a total lot size of 2,004 square feet. The property's dimensions are 20 feet by 100 feet. The previous sale of the property occurred on January 19, 2018, with a sale price of $2,300,000. On September 14, 2018, permits were issued for alteration type 3.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,995,000
  • Buyer: Patricia Kantor
  • Seller: Oren Goldhaber
  • Building Square Feet: 4,000
  • Price per Building Square Foot: $1,248
  • Total Square Feet: 2,400
  • Price per Square Foot: $2,081
  • Floor Area Ratio (FAR): 1.20
  • Tax Class: 1

Patricia Kantor represented herself as the buyer in this transaction, while Oren Goldhaber represented himself as the seller. The transaction was completed on April 30, 2021.

Players

Oren Goldhaber

Seller

$20.3M

vol

3 deals

Seller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $2.1K per square foot on a published $5M for 2,400 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.18%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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