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676 Warren Street, Brooklyn...

Updated Dec 20, 2023

William Slotkin Acquires Multifamily Property On Warren Street, Park Slope For $3.7M
SOLDMultiFamily

William Slotkin Acquires Multifamily Property On Warren Street, Park Slope For $3.7M

676 Warren Street, Brooklyn, New York 11217, United States

$3,700,000

$1,275/SF

Building Size

2,900 SF

Asset Type

MultiFamily

Closing

Jun 7, 2022

About this deal

AI

A multifamily property located at 676 Warren Street in Park Slope, Brooklyn was recently sold for $3,700,000. The property has a building square footage (BSF) of 4,000 with a price per BSF (PPBSF) of $925. The total square footage (SF) of the property is 2,900, with a price per square foot (PPSF) of $1,275. The lot size is 2,000 and the property's FAR is 1.45. The property is classified as tax class 1 and has a permit for alteration 2, dated October 14, 2014. The lot dimension is 20 ft x 100 ft.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,700,000
  • Buyer: William Slotkin
  • Seller: Jonathan S Fader
  • Market: Park Slope, Brooklyn
  • Zoning: R6B

The buyer in this transaction is William Slotkin, and the seller is Jonathan S Fader. The property is located in the Park Slope market of Brooklyn. The transaction took place on 06/08/2022. The property's zoning is R6B.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $3.7M for 2,900 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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