Updated Dec 21, 2023
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
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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