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76 1st Pl Brooklyn, NY 1123...

Updated Oct 29, 2024

Liverani & Zaccario Family Sell Multifamily Property At 76 1st Place, New York City For $10.8M With Buyer's Rep Alexander Maroni & Seller's Rep Santo Rosabianca & Riana Bodine
SOLDMultiFamily

Liverani & Zaccario Family Sell Multifamily Property At 76 1st Place, New York City For $10.8M With Buyer's Rep Alexander Maroni & Seller's Rep Santo Rosabianca & Riana Bodine

76 1st Pl Brooklyn, NY 11231, USA

$10,800,000

$685/SF

Building Size

15,750 SF

Asset Type

MultiFamily

Closing

Jul 26, 2023

About this deal

AI

A multifamily property located at 76 1st Place in New York City has been sold for a total price of $10,800,000. The property consists of 5 units with an average price per unit of $2,160,000. It spans across a total area of 15,750 square feet, resulting in a price per square foot of $686.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $10,800,000
  • Units: 5
  • Price Per Unit: $2,160,000
  • Square Feet: 15,750
  • Price Per Square Foot: $686
  • Address: 76 1st Place, New York City

Alexander Maroni, representing the buyer, Douglas Elliman, facilitated the transaction. On the seller's side, Santo Rosabianca and Riana Bodine, both from Corcoran, acted as the seller's representatives. The sale of this multifamily property highlights the involvement of these key individuals and companies in the deal.

On the Map

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$10,800,000

$685/SF

MultiFamily

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Players

Santo Rosabianca

Broker

$18.8M

vol

4 deals

Broker
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $685 per square foot on a published $10.8M for 15,750 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.47%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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