Updated Mar 27, 2025
Jennifer Lico Acquires Multifamily Asset At 893 Knickerbocker Avenue From Rosemary Hayden For $3.5M
893 Knickerbocker Avenue
$3,500,000
$1,785/SF
Building Size
1,960 SF
Asset Type
MultiFamily
Closing
Mar 13, 2025
About this deal
AI
The property is a Multi-Family asset located at 893 Knickerbocker Avenue in the New York City market. It was sold for $3,500,000.00 and encompasses a total area of 1,960 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,500,000.00
- Address: 893 Knickerbocker Avenue
- Market: New York City
- Buyer: Jennifer Lico
- Seller: Rosemary Hayden
Jennifer Lico acquired the property from Rosemary Hayden on 03/13/2025. The transaction highlights the engagement between the buyer and seller specific to the Multi-Family segment of the real estate market.
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93