Chezi Zarur Acquires Multifamily Property In Bedford-Stuyvesant, Brooklyn For $1.45M
788 Greene Avenue, Brooklyn, New York 11221, United States
$1,450,000
$453/SF
Building Size
3,200 SF
Asset Type
MultiFamily
Closing
Jul 5, 2022
AI
A two-unit multifamily property in Bedford-Stuyvesant, Brooklyn has been sold for $1,450,000. The property is located at 788 Greene Ave. and spans across 3,200 square feet. The sale price equates to a per unit price of $725,000 and a per square foot price of $453.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Address: 788 Greene Ave.
- Market: Bedford-Stuyvesant, Brooklyn
- Units: 2
- PPU: $725,000
- SF: 3,200
- PPSF: $453
The buyer in this transaction is Chezi Zarur, while the seller is Jamal M. Scott.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93