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52 Tompkins Place, Brooklyn...

Updated Dec 21, 2023

Sara Shandler Acquires Multifamily Property In Cobble Hill, Brooklyn For $6.1M
SOLDMultiFamily

Sara Shandler Acquires Multifamily Property In Cobble Hill, Brooklyn For $6.1M

52 Tompkins Place, Brooklyn, New York 11231, United States

$6,110,000

$1,822/SF

Building Size

3,352 SF

Asset Type

MultiFamily

Closing

Aug 31, 2022

About this deal

AI

The multifamily property located at 52 Tompkins Place in Cobble Hill, Brooklyn has been sold in a recent transaction. The property features a total of 5,468 square feet of building space with a price of $6,110,000. The price per square foot is calculated to be $1,117. The property has a total lot size of 2,250 square feet and is zoned as R6, LH-1. The building has a floor area ratio (FAR) of 1.49 and falls under tax class 1. The property's dimensions are 20 feet by 112.5 feet. An alteration permit was issued on February 23, 2009.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,110,000
  • Address: 52 Tompkins Place, Cobble Hill, Brooklyn
  • Built Square Feet: 5,468
  • Price per Built Square Foot: $1,117
  • Lot Size: 2,250 square feet
  • Zoning: R6, LH-1
  • Floor Area Ratio (FAR): 1.49
  • Tax Class: 1
  • Permits: Alteration 2 (02/23/2009)
  • Lot Dimension: 20 ft x 112.5 ft

The buyer in this transaction is Sara Shandler, while the seller is Filomena Godduhn. The deal was closed for a total price of $6,110,000. Both parties were represented by their respective brokers.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.8K per square foot on a published $6.1M for 3,352 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.60%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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