Duke Properties Purchases 66 Steuben St Brooklyn From FCA For $1.74M With Rep Hen Vaknin
SOLD
$1,740,000
New York
See Similar DealsMultiFamily4,125 SF
SOLD
Duke Properties Purchases 66 Steuben St Brooklyn From FCA For $1.74M With Rep Hen Vaknin
66 Steuben St, Brooklyn, NY, 11205
See Similar DealsMultiFamily4,125 SF
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$421
Total Square Footage:4,125 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$92,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,181.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,248.49
Annual Debt Service$98,981.85
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