A&R Properties Group Acquires Multifamily Property In Bedford-Stuyvesant, Brooklyn
57 Hart Street, Brooklyn, New York 11206, United States
$1,330,000
$391/SF
Building Size
3,400 SF
Asset Type
MultiFamily
Closing
Sep 21, 2022
AI
Located in the Bedford–Stuyvesant neighborhood, the multifamily property at 57 Hart Street recently changed hands in a closed transaction. The property features three units and spans across 3,400 square feet. The sale price for this transaction was $1,330,000, resulting in a per unit price of $443,333. On a price per square foot basis, the property sold for $391. The transaction took place on September 22, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,330,000
- Address: 57 Hart Street
- Market: Bedford–Stuyvesant
- Buyer: A & R Properties Group - Shlomi Asherian & Joshua Asherian
- Seller: Marquis Family
- Units: 3
- Price per unit: $443,333
- Square footage: 3,400
- Price per square foot: $391
Representing the buyer in this transaction were Shlomi Asherian and Joshua Asherian from A & R Properties Group. For any similar or larger deals, Shlomi Asherian can be contacted via email at [email protected].
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.93%
Cash-on-Cash
-3.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93