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6102 23rd Ave, Brooklyn, NY...

Updated Dec 21, 2023

Mario Wang Acquires Multifamily Property In Bensonhurst For $1.525M From Seller Jimmy Hamill
SOLDMultiFamily

Mario Wang Acquires Multifamily Property In Bensonhurst For $1.525M From Seller Jimmy Hamill

6102 23rd Ave, Brooklyn, NY 11204, USA

$1,525,000

$43/SF

Building Size

35,200 SF

Asset Type

MultiFamily

Closing

Jun 2, 2019

About this deal

AI

The multifamily property located at 6102 23rd Avenue in Bensonhurst was recently sold in a closed transaction. The property spans across 3,520 square feet and was sold for $1,525,000. The asking price for this property was $1,980,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,525,000
  • Address: 6102 23rd Avenue
  • Market: Bensonhurst
  • Square Footage: 3,520

The seller of the property was Jimmy Hamill, while the buyer was Mario Wang. The broker representing the deal was Gabriel Drew.

The multifamily sale at 6102 23rd Ave, Brooklyn, NY 11204, USA in New York, New York sold for $1.5M in 2019. The building is 35,200 square feet, implying about 43 per square foot on the published price. Named participants on the 6102 23rd Ave, Brooklyn, NY 11204, USA sale are Gabriel Drew. This page is the New York, New York file for the 6102 23rd Ave, Brooklyn, NY 11204, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 6102 23rd Ave, Brooklyn, NY 11204, USA around 2019. Published consideration for 6102 23rd Ave, Brooklyn, NY 11204, USA is $1.5M, dated 2019. Cite this Mario Wang Acquires Multifamily Property In Bensonhurst For $1.525M From Seller Jimmy Hamill sale when underwriting similar multifamily product around New York, New York.

Players

Gabriel Drew

Broker

$1.5M

vol

1 deal

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $43 per square foot on a published $1.5M for 35,200 square feet (2019).

Visit Gabriel Drew to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.40%

Cash-on-Cash

-2.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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