Aperture Holdings Acquires Multifamily Property In Williamsburg, Brooklyn For $4.85M
161 Roebling Street, Brooklyn, NY 11211
$4,850,000
$776/SF
Building Size
6,245 SF
Asset Type
MultiFamily
Closing
Jan 7, 2022
AI
A multifamily property located at 161 Roebling Street in Williamsburg, Brooklyn has been sold for $4,850,000. The property consists of 7 units with a price per unit (PPU) of $692,857. The total square footage of the property is 6,245, with a price per square foot (PPSF) of $776.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,850,000
- Units: 7
- Price per Unit (PPU): $692,857
- Square Footage (SF): 6,245
- Price per Square Foot (PPSF): $776
- Market: Williamsburg, Brooklyn
The buyer of the property is Aperture Holdings, represented by Douglas Baillie and Pir Granoff. The seller is Cynthia Schlegel. The broker for the transaction is Patrick Madigan from JLL.
Players
New York 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
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93