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6017 23rd Ave

MultiFamily Property At 6017 23rd Ave In Brooklyn Sold For $1.598M With Broker Christopher J. Calabrese
SOLDMultiFamily

MultiFamily Property At 6017 23rd Ave In Brooklyn Sold For $1.598M With Broker Christopher J. Calabrese

6017 23rd Ave

$1,598,000

Building Size

Asset Type

MultiFamily

Closing

Mar 8, 2024

AI

The property asset involved in the transaction is a MultiFamily unit, located at 6017 23rd Ave in the Brooklyn market. The total transaction amount is $1,598,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,598,000.00
  • Address: 6017 23rd Ave
  • Market: Brooklyn
  • Brokers: Christopher J. Calabrese - The CS Organization
  • Sale Date: 03/08/2024

This transaction was handled by Christopher J. Calabrese representing The CS Organization, ensuring all aspects of the deal were managed effectively. The brokerage played a crucial role in facilitating this sale within the local real estate market.

Players

Christopher J. Calabrese

The CS Organization

Broker

$24.6M

vol

17 deals

Broker
SI
SWEETHOMEZ INC.Buyer

Brooklyn 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

9.93%

Cash-on-Cash

-2.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93