Updated Sep 9, 2024
Ramer And Saperstein Saperstein Acquire Multifamily Property In Park Slope For $4.35M
528 5th St, East Northport, NY 11731, USA
$4,350,000
$612/SF
Building Size
7,104 SF
Asset Type
MultiFamily
Closing
Nov 28, 2020
About this deal
AI
The multifamily property located at 528 5th Street in Park Slope, Brooklyn has been sold for a price of $4,350,000. The property spans across 7,104 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,350,000
- Address: 528 5th Street
- Neighborhood: Park Slope
Adam Ramer, Dr. Mark Ramer, Eytan Saperstein, Dr. Michael Saperstein, Ben Saperstein, and Nir Mor were involved in the transaction. They can be seen in the provided image. The buyer, Ramer and Saperstein Saperstein, was represented by their respective brokers. The seller of the property was Forrest Gurl.
Players
East Northport 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
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93