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66 Steuben St, Brooklyn, NY...

Duke Properties Purchases 66 Steuben St Brooklyn From FCA For $1.74M With Rep Hen Vaknin
SOLDMultiFamily

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

Hen Vaknin

Broker

$23.7M

vol

5 deals

Broker
Westbridge Realty Group
Westbridge Realty GroupBrokerage
Duke Properties
Duke PropertiesBuyer
FCA
FCASeller

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

9.12%

Cash-on-Cash

-2.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93