MultiFamily Property At 6017 23rd Ave In Brooklyn Sold For $1.598M With Broker Christopher J. Calabrese
SOLD
$1,598,000
New York
See Similar DealsMultiFamily
Sold 03/08/2024
SOLD
MultiFamily Property At 6017 23rd Ave In Brooklyn Sold For $1.598M With Broker Christopher J. Calabrese
6017 23rd Ave
See Similar DealsMultiFamily
Sold 03/08/2024
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,226.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,677.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,575.34
Annual Debt Service$90,904.02
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