Updated Dec 21, 2023
The Halupka-Wetzel Team Sells Multifamily Property In Bedford-Stuyvesant, Brooklyn For $1.5M
811 Halsey St, Ocean Hill, Brooklyn, NY, USA
$1,500,000
$591/SF
Building Size
2,535 SF
Asset Type
MultiFamily
Closing
Jun 10, 2020
About this deal
AI
The multifamily property located at 811 Halsey St. in Bedford-Stuyvesant, Brooklyn has been sold for $1,500,000. Jennyrose Halupka and Tatia Wetzel from The Halupka-Wetzel Team represented the parties involved in the transaction. The property spans 2,535 square feet, resulting in a price per square foot of $591. The previous sale price for this property was $525,000 in March 2013.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 811 Halsey St.
- Market: Bedford-Stuyvesant, Brooklyn
- Brokers: Jennyrose Halupka & Tatia Wetzel (The Halupka-Wetzel Team)
- Square Footage: 2,535
- Price Per Square Foot: $591
- Last Sale Price: $525,000 (3/2013)
Jennyrose Halupka and Tatia Wetzel, from The Halupka-Wetzel Team, played a significant role in this transaction as the brokers representing the parties involved. Their expertise and negotiation skills helped facilitate the successful sale of this multifamily property on Halsey St.
Players
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93