Updated Oct 28, 2024
Keter Holdings Acquires 4-Unit Multifamily Property In Carroll Gardens For $1.95M
559 Clinton Street, Brooklyn, New York 11231, United States
$1,950,000
$609/SF
Building Size
3,200 SF
Asset Type
MultiFamily
Closing
Apr 10, 2022
About this deal
AI
The multifamily property located at 559 Clinton St. in Carroll Gardens was recently sold for a price of $1,950,000. The property consists of 4 units, making the per unit price $487,500. The total square footage of the property is 3,200, resulting in a price per square foot of $609. The sale was finalized on April 11, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Units: 4
- Price per Unit: $487,500
- Square Footage: 3,200
- Price per Square Foot: $609
- Address: 559 Clinton St.
- Market: Carroll Gardens
The buyer of the property is Keter Holdings represented by Samuel Silverman and Michael Silverman. The seller of the property is Mike Aziz. The broker involved in the deal is Harry Bouzaglou from Silverline Realty Group.
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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93