SOLDMultiFamily
Michelle Griffith & Lisa Mathias Of Douglas Elliman Sell Multifamily Property On Park Avenue For $7.65M
784 Park Avenue, Brooklyn, New York 11205, United States
$7,650,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 7, 2022
AI
The multifamily property located at 784 Park Avenue in Lenox Hill has been sold for $7,650,000. The sale was completed on 08/08/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,650,000
- Address: 784 Park Avenue, Lenox Hill
- Brokers: Michelle Griffith & Lisa Mathias - Douglas Elliman
The sale of this multifamily property was handled by brokers Michelle Griffith and Lisa Mathias from Douglas Elliman.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.07%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93