Roy Livingston Acquires Multifamily Property At 763 Lenox Road Brooklyn For $1.86M
SOLD
New York
See Similar DealsMultiFamily7,289 SF
Sold
SOLD
Roy Livingston Acquires Multifamily Property At 763 Lenox Road Brooklyn For $1.86M
763 Lenox Road
See Similar DealsMultiFamily7,289 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$255
Total Square Footage:7289 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 763 Lenox Road in Brooklyn. The sale price was $1,860,000, with a total square footage of 7,289, resulting in a price per square foot of $255.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,860,000
- Address: 763 Lenox Road
- Market: Brooklyn
- Square Footage: 7,289
- Price Per Square Foot: $255
- Buyer: Roy Livingston
- Seller: Dudu Abitbul
- Brokers: Ran Aldubi & Nina Sabag - 5 Boro Realty
Ran Aldubi and Nina Sabag of 5 Boro Realty represented the transaction, which marks a record-breaking sale for a 6-family property in East Flatbush, confirming it is stabilized and occupied.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$99,199.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,608.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,817.35
Annual Debt Service$105,808.19
Is there something missing? Send suggestions