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
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