Updated Dec 18, 2023
Debbie Karamoshos Acquires Multifamily Property On 2nd Street In Brooklyn For $3.95M
594 2nd St, Brooklyn, NY 11215, USA
$3,950,000
$877/SF
Building Size
4,500 SF
Asset Type
MultiFamily
Closing
Jun 27, 2019
About this deal
AI
The multifamily property located at 594 2nd Street in Brooklyn's Park Slope neighborhood has been sold in a closed transaction. The property spans approximately 4,500 square feet with an asking price of $4,397,000. The final sale price was $3,950,000, resulting in a price per square foot of $877.
Summary of transaction details
- Property Type: Multifamily
- Asking Price: $4,397,000
- Sale Price: $3,950,000
- Square Footage: 4,500
- Price per Square Foot: $877
The seller of the property was Jonathan Porotsky, while the buyer was Debbie Karamoshos. The seller was represented by Jeff Reyngach.
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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93