Updated Oct 25, 2024
Joseph Jemal Sells Multifamily Property In Ocean Hill For $1.1M
527 Chauncey Street, Brooklyn, New York 11233, United States
$1,100,000
$403/SF
Building Size
2,727 SF
Asset Type
MultiFamily
Closing
May 25, 2022
About this deal
AI
A multifamily property in Ocean Hill has been sold for $1,100,000. The property, located at 527 Chauncey St., spans 2,727 square feet. The price per square foot for this transaction is $403.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 527 Chauncey St.
- Market: Ocean Hill
The seller of the property is Joseph Jemal. Alpha Realty represented the seller, with Lev Mavashev and Eli Yusupov acting as the brokers in the deal.
The multifamily sale at 527 Chauncey Street, Brooklyn, New York 11233, United States in New York, New York sold for $1.1M in 2022. The building is 2,727 square feet, implying about 403 per square foot on the published price. Eli Yusupov, Lev Mavashev, Joseph L. Jemal, Alpha Realty appear on the sale alongside Alpha Realty. This page is the New York, New York file for the 527 Chauncey Street, Brooklyn, New York 11233, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 527 Chauncey Street, Brooklyn, New York 11233, United States around 2022. Published consideration for 527 Chauncey Street, Brooklyn, New York 11233, United States is $1.1M, dated 2022. Cite this Joseph Jemal Sells Multifamily Property In Ocean Hill For $1.1M sale when underwriting similar multifamily product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93