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595 Kosciuszko Street, Bedf...

Mark Guindi's DCapital Acquires Multifamily Property In Bedford Stuyvesant, Brooklyn For $1.47M
SOLDMultiFamily

Mark Guindi's DCapital Acquires Multifamily Property In Bedford Stuyvesant, Brooklyn For $1.47M

595 Kosciuszko Street, Bedford-Stuyvesant, Brooklyn, NY, USA

$1,470,000

$351/SF

Building Size

4,180 SF

Asset Type

MultiFamily

Closing

Dec 23, 2020

AI

Located in Bedford Stuyvesant, Brooklyn, the property at 595 Kosciuszko Street was recently sold in a multifamily transaction. The sale took place on December 24, 2020, with a sale price of $1,470,000. The property consists of four units, with a price per unit of $367,500. The total square footage of the property is 4,180, resulting in a price per square foot of $352.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,470,000
  • Units: 4
  • Price per Unit: $367,500
  • Square Footage: 4,180
  • Price per Square Foot: $352
  • Market: Bedford Stuyvesant, Brooklyn

The buyer in this transaction was Mark Guindi of DCapital, while CBZ Management acted as the seller. The deal was facilitated by brokers Shaun Riney and Dan Greenblatt from NewYorkMultifamily and MarcusMillichap_NY. These individuals and companies played a crucial role in the successful completion of this multifamily property sale.

Players

Daniel Greenblatt

Marcus & Millichap

Broker

$269.1M

vol

72 deals

Broker
Shaun Riney
Verified Badge

Shaun Riney

Marcus & Millichap

Broker

$1.9B

vol

375 deals

Broker
Mark Guindi

Mark Guindi

GD Capital

Buyer

$42.5M

vol

15 deals

Buyer
CM
CBZ ManagementSeller

Brooklyn 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

10.79%

Cash-on-Cash

-3.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93