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83 St Marks Pl, New York, N...

Updated Sep 9, 2024

Arie Friedheim Acquires Park Slope Multifamily For $2.2M
SOLDMultiFamily

Arie Friedheim Acquires Park Slope Multifamily For $2.2M

83 St Marks Pl, New York, NY 10003, USA

$2,215,000

$791/SF

Building Size

2,800 SF

Asset Type

MultiFamily

Closing

Jun 28, 2020

About this deal

AI

The multifamily property located at 83 St. Marks Place in Park Slope, Brooklyn was recently sold for a price of $2,215,000. With a total area of 2,800 square feet, the property sold at a price per square foot of $791. The building consists of 3 units, making the price per unit approximately $738,333. The sale was completed on June 29, 2020.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,215,000
  • Address: 83 St. Marks Place, Park Slope, Brooklyn
  • Market: Park Slope, Brooklyn

The seller of the property was Charmaine White-Thomas, while the buyer was Arie Friedheim. The deal was facilitated by the brokers Daniel Shawah, Derek Bestreich, and Adam Lobel of Bestreich Realty Group.

Players

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$628.5M

vol

147 deals

Broker

Stony Brook MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $791 per square foot on a published $2.2M for 2,800 square feet (2020).

Visit Daniel Shawah to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.16%

Cash-on-Cash

-2.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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