Updated Dec 4, 2023
Eden Ashourzadeh Acquires 549 Meeker Avenue Multifamily In New York City For $2.25M
549 Meeker Ave Brooklyn, NY 11222, USA
$2,250,000
$576/SF
Building Size
3,900 SF
Asset Type
MultiFamily
Closing
Aug 1, 2023
About this deal
AI
A MultiFamily property located at 549 Meeker Avenue in New York City has been sold for a price of $2,250,000. The property consists of 5 units with a price per unit of $450,000. The total square footage of the property is 3,900, resulting in a price per square foot of $577.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $2,250,000
- Address: 549 Meeker Avenue
- Market: New York City
- Units: 5
- Price Per Unit: $450,000
- Square Footage: 3,900
- Price Per Square Foot: $577
Eden Ashourzadeh was the buyer in this transaction, while Nicholas Urzia acted as the seller. Both parties were represented by their respective brokers.
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93