Updated Sep 9, 2024
Adeline Sessa Acquires 4-Unit Multifamily In Carroll Gardens, Brooklyn For $3.1M
81 Woodhull St Brooklyn, NY 11231, USA
$3,100,000
$1,258/SF
Building Size
2,464 SF
Asset Type
MultiFamily
Closing
Aug 10, 2023
About this deal
AI
Adeline Sessa has acquired a four-unit multifamily building located at 81 Woodhull Street in Carroll Gardens, Brooklyn. The property was sold for $3.1 million by Anthony and Dawn Ruffino's entity Ruffino, LLC.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 81 Woodhull Street
- Market: Carroll Gardens, Brooklyn
Danielle Reese, the representative from Christie's International Real Estate, acted as the broker for the transaction between Adeline Sessa and the Ruffino family. The four-unit property spans a total of 2,464 square feet, with a price per square foot of $1,258. Each unit is valued at $775,000, and the total building square footage is 4,398. The price per buildable square foot is approximately $705.
Brooklyn 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93