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
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.
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
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93