Updated Sep 9, 2024
Carroll Gardens Multifamily Sells For $5.55M. Brown Harris Stevens Represents Seller Andrew Salomon
79 2nd Place
$5,550,000
$1,321/SF
Building Size
4,200 SF
Asset Type
MultiFamily
Closing
Aug 31, 2022
About this deal
AI
A multifamily property located at 79 2nd Pl. in Carroll Gardens has been sold. The property consists of 3 units with a total square footage of 4,200. The sale price for this transaction was $5,550,000, resulting in a price per unit of $1,850,000 and a price per square foot of $1,321.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,550,000
- Address: 79 2nd Pl.
- Market: Carroll Gardens
The seller of the property was Andrew Salomon, while the seller's representative was Ari Harkov from The Harkov Lewis Team at Brown Harris Stevens.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.86%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93