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

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SOLD
$1,470,000

New York

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MultiFamily4,180 SF
Sold 12/24/2020
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Property Image
SOLD

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

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

See Similar Deals
MultiFamily4,180 SF
Sold 12/24/2020
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$351
Total Square Footage:4,180 SF
Transaction Type:Sale

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
69 deals$263.4M volume
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER

Mark Guindi
14 deals$39.9M volume
BUYER

SELLER

Details

SOLD
IMAGE: Shaun Riney, Dan Greenblatt, Mark Guindi DATE: 12/24/2020 ADDRESS: 595 Kosciuszko Street MARKET: Bedford Stuyvesant, Brooklyn ASSET TYPE: Multifamily BUYER: Mark Guindi - @GDCapital SELLER: CBZ Management BROKERS: Shaun Riney & Dan Greenblatt @NewYorkMultifamily @MarcusMillichap_NY PRICE: $1,470,000 UNITS: 4 ~ PPU: $367,500 SF: 4,180 ~ PPSF: $352

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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