632 East 96 Realty LLC Acquires 632 E 96th St Brooklyn For $1.02M With Buyer's Rep Brian Underkofler
632 E 96th St, Brooklyn, NY, 11236
$1,020,000
$183/SF
Building Size
5,560 SF
Asset Type
MultiFamily
Closing
Feb 21, 2019
AI
632 E 96th St is a multifamily unit located in the East Flatbush section of Brooklyn, priced at $1,020,000. The property spans a total area of 5,560 square feet, reflecting the current market value in Brooklyn.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,020,000.00
- Address: 632 E 96th St, Brooklyn, NY, 11236
- Square Footage: 5,560
- Buyer: 632 East 96 Realty LLC
- Seller: 632 East 96 CO LLC
- Buyer's Representative: Brian Underkofler - Investment Property Realty Group (IPRG)
- Representatives: Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Underkofler
The transaction involved multiple representatives, showcasing a collaborative effort as Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Underkofler engaged in representing both sides throughout the deal.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.55%
Cash-on-Cash
-4.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93