Updated Dec 20, 2023
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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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