Duke Properties Purchases 66 Steuben St Brooklyn From FCA For $1.74M With Rep Hen Vaknin
66 Steuben St, Brooklyn, NY, 11205
$1,740,000
$421/SF
Building Size
4,125 SF
Asset Type
MultiFamily
Closing
Nov 20, 2023
AI
The property located at 66 Steuben St, Brooklyn, NY, 11205, has been sold for a transaction amount of $1,740,000.00, covering a total square footage of 4,125. The market for this property is identified as Brooklyn.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,740,000.00
- Address: 66 Steuben St, Brooklyn, NY, 11205
- Square Footage: 4,125
- Market: Brooklyn
- Buyer: Duke Properties
- Seller: FCA
- Buyer's Representative: Hen Vaknin
Hen Vaknin represented Duke Properties in this transaction, facilitating the sale from FCA to the buyer. The negotiation and closing of this deal highlight the engagement of both parties' representatives in reaching an agreement.
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
9.12%
Cash-on-Cash
-2.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93