Updated Dec 21, 2023
Victor Houser Acquires Bed-Stuy Multifamily At 829 Greene Ave For $1.41M
829 Greene Avenue, Bed-Stuy, Brooklyn, NY, USA
$1,410,000
$466/SF
Building Size
3,024 SF
Asset Type
MultiFamily
Closing
Apr 3, 2019
About this deal
AI
The multifamily property located at 829 Greene Ave in Bed-Stuy has been sold for $1,410,000. The property spans a total of 3,024 square feet, resulting in a price per square foot of $466.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,410,000
- Address: 829 Greene Ave
- Market: Bed-Stuy
- Square Footage: 3,024
The seller of the property was Seth Dyer, and Victor Houser was the buyer. The transaction was facilitated by Sully Klein of Klein Realty.
The multifamily sale at 829 Greene Avenue, Bed-Stuy, Brooklyn, NY, USA in New York, New York sold for $1.4M in 2019. The building is 3,024 square feet, implying about 466 per square foot on the published price. Named participants on the 829 Greene Avenue, Bed-Stuy, Brooklyn, NY, USA sale are Sully Klein. This page is the New York, New York file for the 829 Greene Avenue, Bed-Stuy, Brooklyn, NY, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same New York sit in the Market section below. Filter that New York multifamily set by closing date to see what else sold near 829 Greene Avenue, Bed-Stuy, Brooklyn, NY, USA around 2019. Published consideration for 829 Greene Avenue, Bed-Stuy, Brooklyn, NY, USA is $1.4M, dated 2019. Cite this Victor Houser Acquires Bed-Stuy Multifamily At 829 Greene Ave For $1.41M sale when underwriting similar multifamily product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93