facebook
Traded Co logo
Submit

Evan Carroll Acquires Multifamily Property In Vinegar Hill, Brooklyn For $4.075M

Property Image
SOLD
$4,075,000

New York

See Similar Deals
MultiFamily2,812 SF
Sold 07/23/2020
the dealplayerscompscontact
Property Image
SOLD

Evan Carroll Acquires Multifamily Property In Vinegar Hill, Brooklyn For $4.075M

73 Gold Street, Brooklyn, NY 11201

See Similar Deals
MultiFamily2,812 SF
Sold 07/23/2020
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,449
Total Square Footage:2,812 SF
Transaction Type:Sale

A multifamily property with 4 units located at 73 Gold St. in Vinegar Hill, Brooklyn has been sold. The transaction took place on July 23, 2021. The property was sold for a sale price of $4,075,000, slightly below the initial asking price of $4,450,000. The property spans an area of 2,812 square feet, resulting in a price per square foot of $1,449.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,075,000
  • Address: 73 Gold St., Vinegar Hill, Brooklyn
  • Market: Vinegar Hill, Brooklyn
  • Units: 4

Evan Carroll was the buyer in this transaction, and Jeremy Armstrong was the seller. The buyer was represented by Travonté Taylor from Compass, while the seller was represented by Donald P. Brennan Jr. from Engel & Völkers.

Players

Donald P. Brennan Jr
1 deal$4.1M volume
BROKER


2 deals$7.2M volume
SELLER

Details

SOLD
IMAGE: Donald Brennan & Travonté Taylor DATE: 07/23/2021 ADDRESS: 73 Gold St. MARKET: Vinegar Hill, Brooklyn ASSET TYPE: Multifamily ~ UNITS: 4 BUYER: Evan Carroll SELLER: Jeremy Armstrong BUYER’S REP: Travonté Taylor - @Compass SELLER’S REP: Donald P. Brennan Jr. - Engel & Völkers (@EVBrownstoneBrooklyn) ASKING PRICE: $4,450,000 SALE PRICE: $4,075,000 SF: 2,812 ~ PPSF: $1,449

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$217,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,477.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,317.58
Annual Debt Service$231,810.95