Kelly & David Gold Acquire Multifamily Property In Park Slope, Brooklyn For $4.995M
635 10th Street
$4,995,000
$1,484/SF
Building Size
3,365 SF
Asset Type
MultiFamily
Closing
Dec 15, 2023
AI
A multifamily property located at 635 10th Street in Park Slope, Brooklyn has been sold for a price of $4,995,000. The property consists of 2 units with a total square footage of 3,365. The price per unit is $2,497,500, and the price per square foot is $1,484.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,995,000
- Address: 635 10th Street, Park Slope, Brooklyn
- Units: 2
- Price per Unit: $2,497,500
- Total Square Footage: 3,365
- Price per Square Foot: $1,484
The buyer of the property is Kelly & David Gold, while Tara Nathan is the seller. Ari Harkov from Brown Harris Stevens represented the buyer, and Aran Scott from Douglas Elliman represented the seller in the transaction.
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
3.18%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93