Updated Dec 21, 2023
Nefertari White Acquires Multifamily Property In East New York For $1.06M
678 Wyona Street, Brooklyn, NY, USA
$1,060,000
$315/SF
Building Size
3,360 SF
Asset Type
MultiFamily
Closing
Mar 27, 2019
About this deal
AI
Located in East New York, the multifamily property at 678 Wyona St recently changed hands in a sale transaction. The property spans a total of 3,360 square feet and was sold for $1,060,000, resulting in a price per square foot of $315. Janet Arklis of an undisclosed agency represented the seller, Hershey Meisels, in the deal, while the buyer, Nefertari White, was not represented by a broker.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Address: 678 Wyona St
- Market: East New York
This successful sale was facilitated by the expertise of Janet Arklis from an undisclosed agency. Her involvement as the seller's representative ensured a smooth transaction for all parties involved.
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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93